size of Korean Pharma marketSize of Korean Pharmacuetical market in 2013- $6 billion
Size of US Pharmacuetical market 2014- $377 billion est.
US market 60 times larger than Korean market.
If a bench mark was established by the BL&H partnership down payment of $ 2million then a deal in the USA could be worth $120 million. Interestingly this is a number that someone (perhaps Beech or HIghTea) has bandied about. Endo I believe orginally offered $100 million in milestones, with an upfront of $20 million? (anyone remember?)
The Canadian market is worth $22 billion in 2014 or 3.5 xs the Korean market. So Paladin skimmed us for $7 million. Thanks Santa.