RAC 0.00% $1.58 race oncology ltd

CPACS: Research, Results, Market Comparisons, and Valuations, page-237

  1. 247 Posts.
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    Yes, Abbvie paid the $21billion knowing that Jensen would continue getting their 50% profit share.

    With that sharing in place, the drug has added some $30billion cummulatively to AbbVie's revenue, so they have some very well.

    The revenues are going down due to increasing competition, but they still get over 4billion a year from that drug alone.

    Noting too that they acquired the company itself with its asset (not just the drug asset)! Perhaps there is more to come?
 
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