NEU neuren pharmaceuticals limited

Neuren Media and Analyst Coverage, page-1156

  1. 1,374 Posts.
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    Reggie - can you please explain something for me.

    If Biogen payed 4.8 times peak sales and Hashan is noting that peak sales for 2591 are $22b USD, how does he arrive at a TO value for neuren at $12b USD?

    Applying the same logic but a 3x multiple, wouldn't Neuren be worth $66b USD, even factoring in penetration discounts etc.

    What am I missing?
 
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