BTA 0.00% 57.0¢ biota holdings limited

us$50 million worth for biota ???

  1. 9,507 Posts.
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    Hi everyone,

    Its getting better every day.

    The following article speculates that the $1 billion worth on antivirals will be equally split between Tamiflu and Relenza....

    If this is true we are looking at approx US$50 million for Biota.

    jojo

    Gilead developed the anti-viral drug Tamiflu, which was singled out for mention in Bush's announcement, along with Relenza, made by GlaxoSmithKline of England. Under a licensing deal, Tamiflu is manufactured by Roche while Gilead receives royalties, typically 10 percent. Assuming the $1.029 billion Bush has allocated for anti-viral drugs is split evenly among Tamiflu and Relenza, Gilead's share would likely be about $50 million.

    http://www.mercurynews.com/mld/mercurynews/news/13058940.htm
 
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