taylor collison upgrade in price, page-5

and here's the kicker:

"We have not explicitly incorporated expectations associated with upfront payments attributable to a LANI ROW license deal in our FY10 estimates...we are tipping a deal within 2H10 of US$200m in upfront/milestones ex royalties, shared 50/50 with Daiichi Sankyo".

Taylor Collison have a $200m estimate upfront LANI milestone (that's $100m to Biota), but they are obviously not yet factoring this into their Outperform.

Wait till the deal and let's see where this will send Biota's price.