I am now a stale bull.
RP, flog this dog to DS for $250M
Benefits to DS:
1. $70M cash
2. $28M Inavir revenue (present value of paying Bota $5M p.a. for next 10 yrs)
3. $160M BARDA tied cash grant, with potential for more BARDA funding
4. Vapendavir (zero outlay for $30M sunk cost)
5. 100% LANI revenue for 10+ years
For that purchase, DS doesn't have to outlay much in the way of costs, except Ph 3 Vap and sales for LANI and Vap.
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