milestone payment

milestone payment

A financial payment infused into a small company developing a drug candidate after it achieves defined goals or milestones in Phase 2 or Phase 3 trials. Milestone payments are made by larger companies interested in marketing said candidate.
References in periodicals archive ?
M2 PHARMA-January 4, 2018-Alligator Bioscience triggers USD6m milestone payment under partnership agreement with Janssen Biotech for ADC-1013
M2 EQUITYBITES-January 4, 2018-Alligator Bioscience triggers USD6m milestone payment under partnership agreement with Janssen Biotech for ADC-1013
Eligible milestone payment" means a milestone payment paid for investment banking services that is creditable against a success-based fee.
earned $1 million milestone payment from GlaxoSmithKline pertaining to the advancement of ISIS-TTR in a randomized, double-blind, placebo-controlled phase II/III study in patients suffering from familial amyloid polyneuropathy (FAP).
NORDIC BUSINESS REPORT-30 September 2003-deCODE to receive milestone payment for discovery of obesity gene(C)1994-2003 M2 COMMUNICATIONS LTD http://www.
M2 EQUITYBITES-September 24, 2015-Orexigen receives first USD15m anniversary milestone payment for Contrave
M2 PHARMA-September 24, 2015-Orexigen receives first USD15m anniversary milestone payment for Contrave
M2 PHARMA-September 2, 2015-Nektar awarded USD40m milestone payment for first commercial sale of MOVENTIG tablets in major European market
According to the agreement, EyeGate will receive an upfront cash payment, development-based milestone payments related to the completion of development for the indication of anterior uveitis and an approval-based milestone payment upon receipt of FDA approval of the Product.
gt;TX CORIXA GET $1 MILLION MILESTONE PAYMENT FROM JAPAN TOBACCO >TX Corixa Corporation (Nasdaq: CRXA), Seattle, a developer of immunotherapeutics, has received a $1 million milestone payment as a result of its research collaboration and license agreement with the pharmaceutical division of Japan Tobacco Inc.
M2 PHARMA-April 3, 2015-Nektar receives USD100m milestone payment for first commercial sale of MOVANTIK Tablets in the US