Strong stomach required by Elan shareholders
This article was originally published in Scrip
Executive Summary
Elan's shareholders are going to need a strong stomach if they are to swallow the Irish firm's latest proposal to generate value with its fresh pot of cash. Based on the most optimistic forecasts for sales of the basket of respiratory products in which it has just acquired a royalty interest, stockholders can look forward to an average annual return over the next four years of just 0.7% of the current share price of $11.61 in the form of a cash dividend linked to those royalties.
You may also be interested in...
20 Voices: What Does 2024 Hold For Biopharma?
20 executives in the biopharma industry outline their view of key trends this year. A selection of commentary from a broad industry survey by Scrip.
Scrip Asks…What Does 2024 Hold For Biopharma? Part 6: Therapeutic Area Advances
More than 100 biopharma executives and experts told Scrip their predictions for therapeutic area advances in the coming year. The recent commercial success of GLP-1s in diabetes and obesity and their potential in further disease areas fuelled excitement around the metabolic space. Expectations were also positive in neurology following the launch of Leqembi for Alzheimer’s disease in 2023, while the multiple opportunities to improve cancer treatment kept oncology top of the pile overall.
Scrip Asks…What Does 2024 Hold For Biopharma? Part 5: Clinical Trial Trends
Some 50 experts and executives in the biopharma sector shared their views on the major trends they expect to see driving change in the clinical trials arena in 2024. Artificial intelligence applied to clinical development, greater use of remote monitoring and increased patient diversity in trials were key themes.