A	B	C	D	E	F	G	H	I	J	K	L	M	N	O	P	Q	R	S	T	U	V	W	X	Y	Z	AA	AB	AC	AD	AE	AF	AG	AH	AI	AJ	AK	AL	AM	AN	AO	AP	AQ	AR	AS	AT	AU	AV	AW	AX	AY	AZ	BA	BB	BC	BD	BE	BF	BG	BH	BI	BJ	BK	BL	BM	BN	BO	BP	BQ	BR	BS	BT	BU	BV	BW	BX	BY	BZ	CA	CB	CC	CD	CE	CF	CG	CH	CI	CJ	CK	CL	CM	CN	CO	CP	CQ	CR	CS	CT
1	Main
2			Q120	Q220	Q320	Q420	Q121	Q221	Q321	Q421	Q122	Q222	Q322	Q422	Q123	Q223	Q323	Q423		2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035
3		Xyrem				439.266	335.55	334.182	307.333	288.765	247.497	269.421	256.039	247.496	178.13	188.5947	179.22729999999999	173.2472			1265.83	1020.453	719.1992	359.5996	179.7998	89.8999	44.94995	22.474975	11.2374875	5.61874375	2.809371875	1.4046859375	0.70234296875	0.351171484375	0.1755857421875
4		Xywav				15.264	75.416	124.164	153.063	182.654	186.08	235.025	255.936	281.384	277.761	282.03	307.1232	337.6608			535.297	958.4250000000001	1204.5749999999998	1325.0324999999998	1457.53575	1603.2893250000002	1683.4537912500002	1767.6264808125004	1856.0078048531254	1948.8081950957817	2046.248604850571	2148.5610350930997	1074.2805175465498	214.85610350930997	42.971220701861995
5		Epidiolex				0	0	109.481	160.378	193.786	157.893	175.289	196.218	206.998	188.909	192.8179	215.8398	227.6978			463.645	736.3979999999999	825.2645	907.7909500000001	998.5700450000002	1098.4270495000003	1131.3798609850003	791.9659026895001	554.37613188265	388.06329231785503	271.6443046224985	190.15101323574893	133.10570926502425	93.17399648551697	65.22179753986187
6		Sativex				0	0	1.961	6.097	4.649	4.742	4.142	3.22	4.721	7.098	6.3882	5.74938	5.174442000000001			12.707	16.825000000000003	24.410021999999998	21.969019799999998	19.77211782	17.794906038	16.0154154342	14.413873890780001	12.972486501702	11.6752378515318	10.507714066378622	9.45694265974076	8.511248393766683	7.660123554390015	6.8941111989510135
7		Sunosi				8.715	11.606	12.124	19.251	14.933	15.878	12.966	0	0	0	0	0	0			57.914	28.844	0	0	0	0	0	0	0	0	0	0	0	0	0
8		Zepzelca				53.439	54.334	55.924	71.714	64.836	59.338	68.285	70.32	71.969	67.181	68.181	69.181	70.181			246.808	269.912	274.724
9		Rylaze				0	0	0	20.674	64.955	54.22	72.954	73.513	80.972	85.927	86.927	87.927	88.927			85.62899999999999	281.659	349.708
10		Vyxeos				30.992	33.155	31.453	34.688	34.764	33.757	33.89	30.067	30.266	36.7	32.73075	32.440937500000004	33.03442187500001			134.06	127.97999999999999	134.90610937500003	133.55704828125002	132.22147779843752	130.89926302045313	129.5902703902486	128.2943676863461	127.01142400948264	125.74130976938781	124.48389667169393	123.23905770497699	122.00666712792722	120.78660045664795	119.57873445208146
11		Defitelio				55.455	49.619	48.096	57.705	42.511	49.489	54.696	49.452	40.653	39.079	45.97	43.7885	42.372625			197.931	194.29	171.210125	169.49802375000002	167.8030435125	166.125013077375	164.46376294660126	162.81912531713525	161.19093406396388	159.57902472332424	157.98323447609098	156.40340213133007	154.83936811001678	153.2909744289166	151.75806468462744
12		Other				62.386	47.900999999999996	34.426	7.212	4.878	4.827	6.21	5.8870000000000005	7.664000000000001	12.027000000000001	7.947000000000001	8.381250000000001	9.004812500000002			94.417	24.588	37.360062500000005	36.986461875	36.61659725625	36.250431283687504	35.88792697085063	35.52904770114212	35.173757224130696	34.82201965188939	34.4737994553705	34.12906146081679	33.78777084620862	33.449893137746535	33.11539420636907
13		Revenue				665.5169999999999	607.581	751.811	838.115	896.731	813.721	932.878	940.652	972.1229999999999	892.812	911.5865500000001	949.6583675	987.300101375			3094.238	3659.374	3741.3570188750004	2954.4336037062494	2992.318831387188	3142.685887919516	3205.7409779769005	2923.123773097404	2757.970026035055	2674.3078231597706	2648.1509260176035	2663.345198223213	1527.233624258243	623.5688630569031	419.71490852594036
14		COGS				48.298	38.193	50.226	58.872	58.11	48.206	53.245	57.103	93.386	64.728	54.695193	56.97950205	59.2380060825			205.401	251.94	235.6407011325	177.26601622237496	179.53912988323125	188.56115327517097	192.34445867861402	175.38742638584424	165.4782015621033	160.45846938958624	158.8890555610562	159.8007118933928	91.63401745549457	37.414131783414184	25.18289451155642
15		Gross Profit				617.2189999999999	569.388	701.585	779.243	838.621	765.515	879.633	883.5490000000001	878.737	828.0840000000001	856.8913570000001	892.6788654500001	928.0620952925001			2888.837	3407.4339999999997	3505.7163177425005	2777.1675874838743	2812.7797015039564	2954.124734644345	3013.3965192982864	2747.7363467115597	2592.491824472952	2513.8493537701843	2489.2618704565475	2503.5444863298203	1435.5996068027484	586.1547312734889	394.53201401438395
16		SG&A				225.378	228.4	269.44	278.552	328.656	258.701	281.493	274.747	319.763	260.515	227.89663750000003	237.414591875	246.82502534375			1105.048	1134.704	972.65125471875	738.6084009265624	748.079707846797	785.671471979879	801.4352444942251	730.780943274351	689.4925065087638	668.5769557899426	662.0377315044009	665.8362995558033	381.80840606456076	155.89221576422577	104.92872713148509
17		R&D				83.968	67.93	118.525	124.47	140.101	116.459	123.719	120.802	160.105	173.918						451.026	521.085
18		Operating Expenses				309.346	296.33000000000004	387.96500000000003	403.02200000000005	468.757	375.16	405.212	395.54900000000004	479.86799999999994	434.433	227.89663750000003	237.414591875	246.82502534375			1556.074	1655.789	972.65125471875	738.6084009265624	748.079707846797	785.671471979879	801.4352444942251	730.780943274351	689.4925065087638	668.5769557899426	662.0377315044009	665.8362995558033	381.80840606456076	155.89221576422577	104.92872713148509
19		Operating Income				307.87299999999993	273.058	313.62	376.221	369.864	390.35499999999996	474.42100000000005	488.00000000000006	398.869	393.65100000000007	628.9947195000001	655.2642735750001	681.2370699487501			1332.763	1751.6449999999998	2533.0650630237506	2038.559186557312	2064.699993657159	2168.453262664466	2211.9612748040613	2016.9554034372086	1902.9993179641883	1845.2723979802417	1827.2241389521466	1837.7081867740171	1053.7912007381876	430.26251550926315	289.60328688289883
20		Interest Income				-11.527	-11.688	-47.098	-65.327	-61.998	-58.516	-57.617	-65.982	-74.125	-74.147	-74.147	-74.147	-74.147			-186.111	-256.24	-296.588	0	91.73516339507904	75.5098981849719	115.90123508026178	157.8027602581796	196.94840720469657	234.7474662577365	272.1878238140201	309.9772391438111	348.635576810332	373.8792588062053	388.35381074388374
21		Pretax Income				296.34599999999995	261.37	266.522	310.894	307.866	331.83899999999994	416.80400000000003	422.01800000000003	324.744	319.5040000000001	554.8477195	581.117273575	607.09006994875			1146.652	1495.4049999999997	2236.4770630237504	2038.559186557312	2156.435157052238	2243.963160849438	2327.862509884323	2174.7581636953882	2099.947725168885	2080.0198642379783	2099.4119627661667	2147.685425917828	1402.4267775485196	804.1417743154684	677.9570976267826
22		Taxes				29.968	37.659	30.262	43.589	37.254	55.223	38.387	44.386	0	40.197	83.227157925	87.16759103625	91.0635104923125			148.76399999999998	137.996	301.6552594535625	203.85591865573122	215.64351570522382	224.3963160849438	232.78625098843233	217.47581636953885	209.9947725168885	208.00198642379783	209.94119627661667	214.76854259178282	140.24267775485197	80.41417743154685	67.79570976267826
23		Net Income				266.37799999999993	223.711	236.26	267.305	270.61199999999997	276.61599999999993	378.41700000000003	377.632	324.744	279.3070000000001	471.620561575	493.94968253875004	516.0265594564376			997.888	1357.4089999999997	1934.821803570188	1834.7032679015806	1940.7916413470143	2019.566844764494	2095.076258895891	1957.2823473258495	1889.9529526519964	1872.0178778141803	1889.47076648955	1932.9168833260453	1262.1840997936677	723.7275968839216	610.1613878641043	579.6533184708991	550.670652547354	523.1371199199863	496.9802639239869	472.1312507277875	448.5246881913981	426.0984537818282	404.79353109273677	384.5538545380999	365.32616181119494	347.05985372063515	329.7068610346034	313.2215179828732	297.5604420837295	282.68241997954306	268.5482989805659	255.1208840315376	242.36483982996072	230.24659783846266	218.73426794653952	207.79755454921252	197.4076768217519	187.5372929806643	178.16042833163107	169.2524069150495	160.78978656929704	152.75029724083217	145.11278237879054	137.857143259851	130.96428609685844	124.41607179201552	118.19526820241474	112.28550479229399	106.67122955267929	101.33766807504533	96.27078467129306	91.4572454377284	86.88438316584198	82.54016400754988	78.41315580717237	74.49249801681376	70.76787311597306	67.2294794601744	63.86800548716568	60.67460521280739	57.64087495216702	54.75883120455866	52.02088964433072	49.419845162114186	46.948852904008476	44.60141025880805	42.371339745867644	40.25277275857426	38.24013412064554	36.32812741461326	34.511721043882595	32.78613499168846	31.14682824210404	29.589486829998837	28.110012488498892	26.704511864073947	25.369286270870248	24.100821957326733
24		EPS				4.6590758036869895	3.8311270186494957	3.9742295787915487	4.361742053390771	4.399980488756645	4.397221294927432	5.965805363308163	6.01468503623477	5.150415530038699	4.398951081992	7.427797296988692	7.779470226143416	8.127170432740693			16.588061239755973	21.531222365420835	30.472513994553626	28.895695150747798	30.566536071865283	31.80720768520638	32.99644468604736	30.82625676955066	29.765851145808995	29.4833823324122	29.758256945373578	30.442512415756532	19.878793268555576	11.398362000880738	9.609748761522416
25		Shares				57.174	58.393	59.448	61.284	61.503	62.907	63.431	62.785	63.052	63.494	63.494	63.494	63.494			60.157	63.043749999999996	63.494	63.494	63.494	63.494	63.494	63.494	63.494	63.494	63.494	63.494	63.494	63.494	63.494		Maturity	-0.05
26																																					ROIC	0.02
27																																					Discount	0.08
28		Gross Margin				0.927427849326163	0.9371392456314467	0.9331933158732714	0.9297566563061156	0.9351979579160306	0.9407585646677423	0.942923940751095	0.9392942342120147	0.9039360245565633	0.9275009744492682	0.94	0.9400000000000001	0.9400000000000001			0.9336182284620641	0.9311521588118623	0.9370173175284524	0.94	0.94	0.9400000000000001	0.94	0.94	0.9400000000000001	0.94	0.9400000000000001	0.94	0.94	0.9400000000000001	0.9400000000000001		NPV	11142.890759308255
29																																						174.09463549858722
30		Oxybate								0.03715706334015345	0.05501915000267665	0.10057903854293482	0.11203181608875834	0.12188944442205352	0.051464907040733365	-0.06704642320486254	-0.05005029542458128	-0.03398124338224173				0.09868876542298244	-0.027845981409667653	-0.1243088196109502	-0.028075299051941283	0.03411254034031086	0.02079774412100943	0.0356963555968004	0.04309467281317336	0.0466899806092369	0.0484188157658505	0.04924591956459956	-0.5	-0.7998039941859874	-0.7995104652232803
31
32
33		Net Cash																					0	1834.7032679015806	3775.494909248595	5795.061754013089	7890.138012908979	9847.420360234828	11737.373312886824	13609.391190701004	15498.861957190555	17431.7788405166	18693.962940310266	19417.690537194187	20027.85192505829