But the college would have to value the gift using an IRS-approved appraisal, which is typically lower than book value and vastly lower than the valuation you'd get on a frothy Nasdaq.
To make matters worse, fewer brand new drugs are being approved, and the average value of new drugs is dropping.
The new partnership still named DaVinci II LLC, without Libous and his wife, continued to speculate in upstate land that could drastically increase in value if hydrofracking is approved.
But there is more to running a successful pharmaceutical company than just the number of products being approved by the FDA. What value do these new drugs generate?
FORBES: McKinsey Decrees That the Pharma R&D Productivity Gains Are Real
Libous provided the document to The Associated Press after published reports said he was part of a real estate firm that is buying Southern Tier property, which could significantly increase in value if hydraulic fracturing for gas is approved.
In 2008 the council settled with Mr Bullock, now 38, agreeing to accept 72.5% of his full claim value, but the final compensation amount was approved by the High Court earlier this week following years of negotiations between both parties.
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In addition to current strategies, it will be crucial to deliver a step-change in the demonstration of value to payers and patients to ensure that every approved product reaches its full potential.
FORBES: McKinsey Decrees That the Pharma R&D Productivity Gains Are Real
Since Natrecor, a treatment for heart failure, was approved a year ago, Scios' shares have more than doubled in value.
"If you want to buy land, you will probably get a loan equal to half its value and you would need to wait 60 days for your application to be approved, " he says.
Ematic, a leader in value tablets, took these concerns into great consideration, and designed a new, parent-approved tablet tailored to children.
ENGADGET: Ematic outs 7-inch FunTab Pro with ICS and a Zoodles mode for kids, available for $150
Recently, the Democrats added a new stipulation: the agreements should only be approved if tied to the renewal of an expensive job training program for displaced American workers, which is of questionable value.
FORBES: 'Leaders' Blocking Jobs and Growth -- Politics Causes Our Fall
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