What's with the 6-7% royalty rates for LANI/HRV?
I would expect a minimum of 10% for LANI (100% for BTA) and 20% for HRV.
Keep in mind blockbuster drugs can attract very high royalty rates... 39% for Erbitux! But this is a cure for the common cold... 20% MINIMUM royalty.
Given the massive demand for new blockbuster drugs I wouldn't be surprised to see >20%... perhaps even 30%.
7% is a thing of the long gone past!
fosters stockbroking on bta, page-2
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