Selling half the farm; US front paddock or EU back paddock - I know the rewards are halved, but do we really care at this sub 10c range?
lets say we accept a sloppy $50m cash for the back paddock market rights of up to say 80% of sales. Itll hurt when sales come in and we only receive 20%, but at that point we'll have 100% of the US market.
USA population 330m ÷ eg 4 = 82m kids below roughly 20 years of age ÷ 2 = 41m boys ÷ 3,500 (but lets be conservative and say 5,000) = 8,200 boys with dmd x $100,000 each into AUD thats a billion in sales from USA. Our sp well over $10.
with that in mind, does selling the back paddock really matter? If it sets us on a path to $10... great! Gives us all something new to discuss thats worth a billion. Then theres other indications, or, say.. $200,000 per treatment.
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