Panmure Gordon is forecasting Relenza revenues of £700m for 2009, and expects this figure to rise to £1bn in 2010 before sliding back towards £250m per annum from 2011 onwards.
According to this article we have for the next 3 years about £2 billion on sales of Relenza
Biota will get 7% royalties so they will get £140 Million coming towards them in the next 36 months or A$268 million
That is basically the current Mcap of Biota if you count the current cash position in.
And that is on RELENZA alone.
Lani and the pipeline are not even looked at and will only give more upside to this picture.
Time will tell
good luck to all
jojo
BTA Price at posting:
$2.15 Sentiment: LT Buy Disclosure: Held
