This is something I've wondered about....what if Apabetalone is sold.  You give the example of 208 being sold for $5 billion, with a 15% royalty...and believe it would translate into a CAD PPS of at least $30

Would it?

If that were to happen Resverlogix would be a cash rich company with no drugs in current development.....and given the time it takes to bring a drug to market, they'd likely be somewhere around 10 years away from their next one if all went well.  How long did it take for 208 go get where it is now?  And we're still not at the finish line yet....it could be another 2 or 3 years before Apabetalone is approved for all we know...if its approved at all.