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Bullboard - Stock Discussion Forum TELESTA THERAPEUTICS INC T.TST

"Telesta Therapeutics Inc is a biopharmaceutical company. The Company is engaged in the research, development, manufacturing and commercialization of human health products and technologies."

TSX:TST - Post Discussion

TELESTA THERAPEUTICS INC > size of Korean Pharma market
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Post by DryBones on Jul 20, 2015 11:32pm

size of Korean Pharma market

Size 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.
Comment by princeofcut on Jul 21, 2015 10:48am
ROTFLMAO...and so arthhhhooooorrrr is again demonstrating his either 100% bagholderism or his fraud posting (but he is too stoopid to be purposely misleading) with the big IF...and you know what they say if arthorrr had a brain he wouldn't be a bagholder...it if bagholderism defined to try and compare any valuation metrics of Korea vs. the US at the tomfool level you did arthoorrr and i doubt ...more  
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