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January 14, 2013
19:20 EDTSNTSSantarus gives estimated expenses for FY13
The company sees license fees including a $5M expense for a success-based milestone assuming FDA acceptance for review of the Ruconest Biologics License Application. The company also sees research and development expenses of approximately $34M-$38M, and selling, general and administrative expenses of approximately $131M-$134M, which include an incremental estimated $38M-$40M investment associated with the sales force expansion of 85 sales representatives and promotional and other costs associated with the Uceris launch and Zegerid relaunch.
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