RE:RE:RE:RE:RE:RE:RE:RE:RE:Strong Cash Position at exit 2020That's exactly my view.
Cipher has faithfully paid its $6.8 m US in purchase and milestone costs.
So, there is no way that this investment amounting to about $9 m cad can be denied.
That of course does not take into account punitive and revenue replacement costs appropriately discounted.
I figure about $25 million in cash.
That will still be a bargain for Bausch.