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	CU	CV	CW	CX	CY	CZ	DA	DB	DC	DD	DE	DF	DG	DH	DI	DJ	DK	DL	DM	DN	DO	DP	DQ	DR	DS	DT	DU	DV	DW	DX	DY
1	Main
2			Q110	Q210	Q310	Q410	Q111	Q211	Q311	Q411	Q112	Q212	Q312	Q412	Q113	Q213	Q313	Q413	Q114	Q214	Q314	Q414	Q115	Q215	Q315	Q415	Q116	Q216	Q316	Q416	Q117	Q217	Q317	Q417	Q118	Q218	Q318	Q418	Q119	Q219	Q319	Q419	Q120	Q220	Q320	Q420	Q121	Q221	Q321	Q421	Q122	Q222	Q322	Q422	Q123	Q223	Q323	Q423			2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029
3																																																																10000	10149.999999999998
4		Opzelura																																												0	0	0	0	4.668	12.754	16.56	38.14	61.281	56.552	61.552	66.55199999999999	71.55199999999999							0.1										128.735	257.47	308.964	370.7568	444.90816	533.8897919999999	640.6677503999999	128.13355008
5		Minjuvi																																												0	0	0	0.556	4.354	4.502	4.411	5.932	4.809	6.556	5.2932	7.1184	5.7708							1014.9999999999999										19.654	39.308	78.616	90.40839999999999	103.96965999999998	119.56510899999996	137.49987534999994	158.12485665249991
6		Pemaryze																																												14.009	13.456	17.906	17.562	19.607	18.032	18.983	23.414	23.016	22.475	19.17283	23.64814	23.24616							84000										83.445	91.7895	100.96845000000002	111.06529500000003	109.95464205000003	108.85509562950003	107.76654467320503	106.68887922647298
7		Iclusig																																												28.576	25.645	28.189	28.522	27.039	26.069	26.224	25.929	27.616	27.685	26.224	25.929	27.616							85259.99999999999										105.838	104.77962	103.73182379999999	102.69450556199999	101.66756050637998	100.65088490131619	99.64437605230303	98.64793229178
8		Jakafi																																												516.882	465.71	529.055	547.373	592.37	544.464	597.673	619.595	647.493	579.969	627.55665	650.5747500000001	679.8676500000001																	2409.2250000000004	2650.1475000000005	2915.1622500000008	3206.678475000001	3527.3463225000014	3880.0809547500016	776.0161909500004	155.2032381900001
9		Product								2012	19279	29727																																		559.467	504.811	575.15	594.013	648.038	605.821	663.851	713.01	764.215	693.2370000000001	739.79868	773.8222900000001	808.0526100000002							120000	0	0	0							2746.8970000000004	3143.4946200000004	3507.442523800001	3881.603475562001	4287.846345056381	4743.041836280818	1761.5947374255084	646.798456440753
10		Contract	16737	49737	16737	85737	31738	16737	16737	26737	16737	56737																																		0	0	0	0	0	5	0	0	0							659	5755	168948	91948	94706.44										5	0	0	0	0	0	0	0
11		Jakavi royalty																																												87.046	65.602	82.038	94.655	95.696	70.867	83.711	85.808	91.189	76.692	84.54811	86.66608000000001	92.10088999999999																	331.57500000000005	328.25925000000007	324.97665750000004	321.726890925	318.50962201575004	315.32452579559254	63.06490515911851	12.612981031823702
12		Olumiant royalty																																												30.996	32.258	36.045	86.572	66	48.064	30.254	20.371	35.858	34.155	27.2286	18.3339	32.2722																	134.547	133.20153	131.8695147	130.550819553	129.24531135747	127.9528582438953	25.59057164877906	5.118114329755812
13		Tabrecta royalty																																												2	2.047	2.479	2.747	3.119	3.483	3.581	4.114	4.233	4.177	4.177	4.177	4.177																	15.411000000000001	15.411000000000001	15.411000000000001	15.411000000000001	15.411000000000001	15.411000000000001	15.411000000000001	15.411000000000001
14		Pemaryze royalty																																																				1.205	0.412	0.412	0.412	0.412
15		Royalty	551	110	135	134	235	74	45	140	163	78																																																	3260	3510	930	495											0	0	0	0	0	0	0	0
16		Revenue	17288	49847	16872	85871	31973	16811	16782	28889	36179	86542																															0	0	0	679.509	604.7180000000001	695.712	777.987	812.8530000000001	733.2349999999999	781.397	823.303	896.6999999999999	808.6730000000001	856.16439	883.4112700000001	937.0147000000002			3919	9265	169878	92443	214706.44	0	0	0							3233.4300000000007	3620.3664000000003	3979.6996960000006	4349.292186040001	4751.012278429602	5201.730220320305	1865.661214233406	679.9405518023325
17		COGS				0					11	16																																		30.693	23.596	32.302	33.965	37.886	36.619	44.575	48.521	53.022	50.669	42.808219500000064	44.17056350000007	46.8507350000001							10735.322	0	0	0							161.67150000000004	181.01832000000002	198.98498480000003	217.46460930200007	237.5506139214801	260.08651101601527	93.28306071167032	33.99702759011662
18		Gross profit	17288	49847	16872	85871	31973	16811	16782	28889	36168	86526																																		648.816	581.1220000000001	663.41	744.0219999999999	774.9670000000001	696.6159999999999	736.822	774.782	843.6779999999999	758.0040000000001	813.3561705	839.2407065	890.1639650000001			3919	9265	169878	92443	203971.11800000002	0	0	0							3071.758500000001	3439.34808	3780.7147112000007	4131.827576738001	4513.461664508121	4941.64370930429	1772.3781535217358	645.9435242122158
19		R&D	31439	28883	30609	32949	36282	46047	44604	51877	48960	51588																																		375.77	277.022	315.473	334.945	442.693	327.045	319.059	384.007	469.048	375.62						146362	119442	123880	178707	100000	75000									1499.159
20		SG&A	5794	7485	8458	10591	10825	11858	14282	21152	21396	19719																																		152.148	123.313	152.523	308.675	208.718	192.682	235.595	266.46	253.209	294.017	294.017	294.017	294.017			17073	27580	32328	58219	59383.380000000005	60571.047600000005	61782.468552000006								947.9459999999999	758.3568	606.6854400000001	485.3483520000001	388.2786816000001	310.62294528000007	248.49835622400008	198.79868497920006
21		Other expenses	-115	-145	-139	20	691	20	0																																																				-227	2011	-379	712
22		Operating Expenses	37118	36223	38928	43560	47798	57925	58886	73029	70356	71307																																		527.918	400.335	467.996	643.62	651.411	519.727	554.654	650.467	722.2570000000001	669.637	294.017	294.017	294.017			163208	149033	155829	237638	159383.38	135571.0476	61782.468552000006	0							2447.105	758.3568	606.6854400000001	485.3483520000001	388.2786816000001	310.62294528000007	248.49835622400008	198.79868497920006
23		Operating Income	-19830	13624	-22056	42311	-15825	-41114	-42104	-44140	-34188	15219																																		120.89800000000002	180.7870000000001	195.414	100.40199999999993	123.55600000000015	176.8889999999999	182.168	124.31500000000005	121.42099999999982	88.36700000000019	519.3391704999999	545.2237064999999	596.1469650000001			-159289	-139768	14049	-145195	44587.73800000001	-135571.0476	-61782.468552000006	0							624.6535000000008	2680.99128	3174.0292712000005	3646.479224738001	4125.182982908122	4631.02076402429	1523.8797972977359	447.1448392330158
24		Interest and other	-11584	-10249	-10303	-9771	-10687	-10756	-10974	-10940	-11238	-11115																																		-8.047	-1.766	-5.811	-7.639999999999999	-2.5789999999999997	0.58	-2.7	9.103	25.97	32.403999999999996						-19631	-32075	-41907	-43357	-42000	-42000	-42000
25		Pretax income	-31414	3375	-32359	32540	-26512	-51870	-53078	-55080	-45426	4104																																		112.85100000000003	179.0210000000001	189.60299999999998	92.76199999999993	120.97700000000016	177.4689999999999	179.46800000000002	133.41800000000006	147.39099999999982	120.77100000000019	519.3391704999999	545.2237064999999	596.1469650000001			-178920	-171843	-27858	-188552	2587.738000000012	-177571.0476	-103782.468552	0							624.6535000000008	2680.99128	3174.0292712000005	3646.479224738001	4125.182982908122	4631.02076402429	1523.8797972977359	447.1448392330158
26		Taxes		331	658	-989																																								18.252	15.787	22.177	27.73	0	32.543	67.946	35.813	52.154	30.153	103.86783409999998	109.0447413	119.22939300000003																	124.93070000000017	536.198256	634.8058542400001	729.2958449476002	825.0365965816244	926.204152804858	304.7759594595472	89.42896784660316
27		Net income	-31414	3706	-31701	31551	-26512	-51870	-53078	-55080	-45426	4104																																		94.59900000000003	163.2340000000001	167.426	65.03199999999993	120.97700000000016	144.9259999999999	111.52200000000002	97.60500000000006	95.23699999999982	90.6180000000002	415.4713363999999	436.17896519999994	476.9175720000001			-178920	-171843	-27858	-188552	2587.738000000012	-177571.0476	-103782.468552	0							499.72280000000063	2144.793024	2539.2234169600006	2917.183379790401	3300.146386326497	3704.8166112194317	1219.1038378381886	357.71587138641263	339.830077817092	322.83857392623736	306.6966452299255	291.3618129684292	276.79372232000776	262.95403620400737	249.806334393807	237.31601767411664	225.4502167904108	214.17770595089024	203.46882065334572	193.29537962067843	183.6306106396445	174.44908010766227	165.72662610227914	157.44029479716517	149.5682800573069	142.08986605444156	134.98537275171947	128.2361041141335	121.82429890842681	115.73308396300547	109.9464297648552	104.44910827661244	99.2266528627818	94.2653202196427	89.55205420866056	85.07445149822753	80.82072892331615	76.77969247715035	72.94070785329282	69.29367246062817	65.82898883759677	62.53753939571693	59.41066242593108	56.440129304634524	53.618122839402794	50.93721669743265	48.390355862561016	45.970838069432965	43.67229616596131	41.488681357663246	39.41424728978008	37.443534925291075	35.57135817902652	33.79279027007519	32.103150756571424
28		EPS	-0.26238024839843976	0.028887451185196155	-0.2594423393267806	0.27127810498258886	-0.2147294418751569	-0.413867390090162	-0.420386504039284	-0.43551141754696693	-0.35478252719874415	0.03153866252708913																																		0.4276086209702209	0.7357290629070574	0.7533228346456692	0.2926100572333606	0.54496844438238	0.6500381251401656	0.49862068040471974	0.4353964536634328	0.4235767657000526	0.40169511811302944	1.8417180642673177	1.933511674771376	2.114099410875531			-1.7380492116996784	-1.6693024294998202	-0.22904265465188936	-1.4918504921353293	0.019905676923077015	-1.3659311353846153	-0.7983266811692308	0							2.2318369497982444	9.578967220692565	11.340552493831131	13.028578356547937	14.73894856257633	16.54626646041732	5.4447005238266355	1.5976127150681763
29		Shares	119727	128291	122189	116305	123467	125330	126260	126472	128039	130126																																		221.228	221.867	222.25	222.248	221.989	222.95	223.661	224.175	224.84	225.589	225.589	225.589	225.589			89785	102943	121628	126388	130000	130000	130000	175000							223.90650000000002	223.90650000000002	223.90650000000002	223.90650000000002	223.90650000000002	223.90650000000002	223.90650000000002	223.90650000000002			NPV	17050.61506443551	75.44519940015712
30																																																																																					Discount	0.08
31		Revenue y/y																																																0.19623581144620617	0.212523854093974	0.12316159560277828	0.05824775992400899	0.10315149233625243	0.10288379578170748	0.09568425525053192	0.07300868574510244	0.044958960633433964																		0.11966747385902887	0.09925329546755268	0.09286944198615754	0.09236447569078221	0.09486777037749183	-0.6413383364355784	-0.6355498272596518			ROIC	0.01
32		Jakafi y/y																																																0.14604493869006863	0.16910523716475945	0.12969918061449204	0.13194293470814222	0.09305501629049417	0.06521092303623388	0.050000000000000044	0.050000000000000044	0.050000000000000044																		0.10000000000000009	0.10000000000000009	0.10000000000000009	0.10000000000000009	0.10000000000000009	-0.8	-0.7999999999999999			Terminal	-0.05
33		Gross Margin																																												0.9548306203449844	0.9609801593470014	0.9535698679913527	0.956342458164468	0.9533913265990284	0.9500583032724842	0.9429547336373187	0.9410654400627716	0.940869856139177	0.9373430298773423	0.95	0.95	0.95																	0.9500000000000001	0.95	0.9500000000000001	0.95	0.95	0.95	0.9500000000000001	0.95
34
35		Consensus Rev (8/6/12)																																																															265540	380920	503670	746790	972400
36
37		Net cash																																																											-178384	87016	168612	-19265	-16677.261999999988	-194248.30959999998	-298030.778152	-298030.778152	-298030.778152
38		Cash	422240	422190	395585	424168	383626	364110	316975	277594	236411	261807																																							2720.5409999999997										217783	473931	424168	277594
39		Cash	56506	47247	47368	37876	18994	28961	28982	19294	19295	9499																																							0										0	56223	37876	19294
40		Accounts receivable	5253	6360	4735	5701	35490	2376	2462	6415	13010	13841																																							562.344										1050	163661	5701	6415
41		Prepaids	4269	3762	3232	6600	6769	6447	7984	7475	7446	8823																																							146.13										6420	2944	6600	7475
42		PP&E	1808	2159	2385	4804	4934	5500	6077	6431	6232	6515																																							729.217										2796	1752	4804	6431
43		Inventory								3536	3513	4332																																							70.84100000000001													3536
44		Lease																																																	27.392
45		Goodwill																																																	300.964
46		Taxes																																																	465.369
47		Other	12587	11962	11335	10432	9793	9269	8744	8217	7686	7154																																							31.423										4339	13879	10432	8217									Per share	0
48		Assets	502663	493680	464640	489581	459606	416663	371224	328962	293593	311971																																							5054.221										232388	712390	489581	328962
49
50		AP	13304	9158	7750	10773	7791	8788	11038	14939	13174	11102																																							152.547										15679	20964	10773	14939
51		Compensation	7842	8019	10920	14678	9085	10099	13608	21856	11981	13122																																							83.657										9330	13418	14678	21856
52		Interest payable	9553	4750	9500	4750	9500	4750	9500	4750	9500	4750																																							0										5273	7094	4750	4750
53		OCL	14537	17740	20708	15703	16828	20054	19838	24766	25115	25108																																							609.29										14893	17441	15703	24766
54		Leases																																																	34.181000000000004
55		Deferred revenue	288452	271695	254938	238193	221461	204722	187983	173574	160518	146767																																							0										62	305199	238193	173574
56		Contingent Consideration																																																	242
57		Accrued restructuring	5688	4277	1664	696			0																																										0										5100	6879	696
58		Convertible notes	277700	282825	288068	293432	298919	304534	310277	316153	322162	328310																																							0										396167	443138	293432	316153
59		Other liabilities		0																																															69.474										6634	641
60		Total liabilities	617076	598464	593548	578225	563584	552947	552244	556038	542450	529159																																							1191.149										453138	814774	578225	556038
61		Common	121	122	122	123	124	126	126	126	128	130																																							0.221										97	119	123	126
62		APIC	1311181	1317169	1324611	1332277	1343351	1363052	1371524	1380725	1404076	1431921																																							4625.78										961214	1287974	1332277	1380725
63		Acc. Other comp. gain	1198	1795	1930	1986	2089	1951	1821	1642	1935	1720																																							-23.047										-2747	707	1986	1642									-1888335.7781520002	-1888335.7781520002
64		Acc. Deficit	-1426913	-1423869	-1455571	-1423030	-1449542	-1501413	-1554491	-1609570	-1654996	-1650959																																							-739.882										-1179314	-1391184	-1423030	-1609570	-1606982.262	-1784553.3096	-1888335.7781520002	-1888335.7781520002	-1888335.7781520002	-1888335.7781520002	-1888335.7781520002	-1888335.7781520002			-1887836.055352	-1885691.262328	-1883152.03891104	-1880234.8555312494	-1876934.709144923
65		SE	-114413	-104783	-128908	-88644	-103978	-136284	-181020	-227077	-248857	-217188																																							3863.0719999999997										-220750	-102384	-88644	-227077
66		L+SE	502663	493681	464640	489581	459606	416663	371224	328961	293593	311971																																							5054.221										232388	712390	489581	328961
67
68		Model NI																																																	144.9259999999999
69		Reported NI																																																	37.992
70		D&A																																																	16.438
71		SBC																																																	43.841
72		DT																																																	2.106
73		Other																																																	2.091
74		Unrealized																																																	46.585
75		CoCo																																																	6.382
76		WC																																																	60.306
77		CFFO																																																	215.74099999999999
78
79		CapEx																																																	-17.006
80		Marketable																																																	0.258
81		CFFI																																																	-16.748
82
83		ESOP																																																	16.398
84		ESOP Tax																																																	-2.161
85		Lease																																																	-0.668
86		CoCo																																																	-13.473
87		CFFF																																																	0.09600000000000009
88		FX																																																	0.21
89		CIC																																																	199.29899999999998