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News Breaks
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January 12, 2012
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| 12:41 EDT |  | PDLI |
| theflyonthewall.com: | PDL BioPharma sees Queen patents expiring 2013-14, royalties into 2016 | | The company expects its Queen et al. patents will expire in mid-2013 to December 2014. It anticipates royalties from them will continue to about 2016. After that the company has two possible pathways: it can purchase new royalty assets and ladder like a bond portfolio and continue as long as it can generate satisfactory return; or, if unable to acquire royalty assets on attractive terms, it may choose to wind-up the company in a 2016 timeframe. :theflyonthewall.com |
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