Jun. 26 at 7:20 PM
$RGLS Guys, don't forget that the
$800 million up front payment that Novartis is making for RGLS is for
$7 per share for about 70 million outstanding shares PLUS golden parachute packages for the 3 top Execs, lawyers, and I'm sure there's a zillion investment firms that they hired. So in these buyouts the lawyers and investment firms usually make more than we do. And as to the possible
$900M to be paid in the future only if Farabursen hits its FDA milestone, that might very well be zero. In that case all the money that NVS is out is the initial
$800 million