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Liminal BioSciences Inc. LMNL

Liminal BioSciences is a biopharmaceutical company focused on the discovery and development of novel, small molecule drug candidates for the treatment of patients suffering from fibrotic or inflammatory diseases that have a high unmet medical need. Liminal BioSciences operates on an integrated basis from our talent hubs in Laval, Quebec, Canada, and Cambridge, UK. Our common shares are listed for trading on the Nasdaq Global Market.


NDAQ:LMNL - Post by User

Bullboard Posts
Comment by stockman6767on Nov 22, 2016 10:39pm
248 Views
Post# 25499858

RE:RE:RE:RE:RE:Questions to Fred,

RE:RE:RE:RE:RE:Questions to Fred,Sorry Bepando but that is still not the way I see it. Here would be my stab at the numbers:

If we assume plasma was 15% of the cost of production for Pg:
1) $7M spent to produce x units of Pg now in inventory.
2) If we assume 15% of cost was for plasma: $7,000,000 X .15 =  $1,050,000 for plasma
3) At $150 pre liter for plasma:  $1,050,000 / 150 = 7000 liters of plasma
4) Total production cost per liter: $7,000,000 / 7,000 = $1,000
5) Net value per liter: $5,000 - 1,000 = $4,000
6) Total value of Pg inventory: $4,000 X 7,000 = $28,000,000  (not  $187M)

the same calc if we assume plasma was 90% of the cost of production for Pg:
1) $7M spent tp produce Pg
2) at 90%: $7,000,000 X .90 = $6,300,000 for plasma
3) at $150 per plasma liter: $6,300,000 / 150 = 42,000 liters of plasma
4) Total production cost per liter: $7,000,000 / 42,000 = $166.67
5) Net value per liter: $5,000 - 166.67 = $4,833.33
6) total value of Pg inventory: $4,833.33 X 42,000 = $202,999,860

As you can see the Pg valueis very sensitive to the percent of cost for the plasma. Compare $203M at 90% assumption vs. $28M at 15%. 

Not sure I understand how you got your numbers.
Bullboard Posts