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re: AUPH - Aurinia Pharmaceuticals

Posted on 1/22/19 at 8:16 am to
Posted by bayoubengals88
LA
Member since Sep 2007
18996 posts
Posted on 1/22/19 at 8:16 am to
quote:

What are they expecting the price to be if both their drugs are proven efficient and working. I heard some people earlier say $30-40?

If both drugs are approved and making money than I think the buyout of the the company would have to come in at 3 billion or above (based on sales and value of drugs).

Since we're worth about 600 million right now at $7 then yeah, $35 would be about right.

Some think it could slow climb to much higher if they don't sell.

Short term, I think there's a good possibility that we're 10-15 by end of this year in anticipation of FDA approval for Voclosporin.
This post was edited on 1/22/19 at 8:17 am
Posted by Tigahs2007
MS
Member since Dec 2013
159 posts
Posted on 1/22/19 at 8:39 am to
So good news today and it drops.
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