|
|
|
|
||
Full Pipe Line valuationThanks for the posting. Very good research report. Here is the valuation for the full pipe line Contribution to FV ($/sh) Phase 3 SB-525 Gene Therapy Hemophilia A PFE ~$1.5B/~$1.5B 100% $9 Phase 1/2 ST-920 Gene Therapy Fabry Disease $500M/$0 0% $14/$0 Phase 1/2 ST-400 Ex Vivo Gene-Edited Cell Therapy Beta Thalassemia SNY ~$1.0B/$0 0% $12/$0 Phase 1/2 BIVV003 Ex Vivo Gene-Edited Cell Therapy SCD SNY ~$2.8B/$0 0% $16/$0 Platform (KITE)* 10+ products incl KITE-037 Ex Vivo Gene-Edited Cell Therapy Oncology KITE/GILD ~$1.26B in preapproval/first commercial sales 15% $6/$ 1 Platform (BIIB)** ST-501, ST-502, undisclosed and up to 9 add'l neuro gene targets In Vivo Genome Regulation CNS BIIB ~$925M preapproval milestones 15% $4/$ 1 Other Platform $1B/$100M 10% $46/$ 5 Cash/Collaboration Milestones $7 * *Under the collaboration agreement, Biogen paid the Company an upfront license fee of $125.0 million in May 2020. The Company is also eligible to receive research, development, regulatory and commercial milestone payments that could total up to approximately $2.37 billion if Biogen selects all of the targets allowed under the agreement and all the specified milestones set forth in the agreement are achieved , which includes up to $925.0 million in pre-approval milestone payments and up to $1.45 billion in first commercial sale and other sales-based milestone payments. In addition, the Company is also eligible to receive tiered high single-digit to sub-teen royalties on potential net commercial sales of licensed products arising from the collaboration. *Following the effective date, the Company received a $150.0 million upfront payment from Kite. Kite reimburses the Company’s direct costs to conduct the joint research program. Sangamo is also eligible to receive contingent development- and sales-based milestones |
return to message board, top of board |
Msg # | Subject | Author | Recs | Date Posted |
147794 | Re: Full Pipe Line valuation | TECH32 | 1 | 7/7/2020 8:56:26 AM |
147795 | Re: Full Pipe Line valuation | rynotheknife | 29 | 7/7/2020 9:09:17 AM |