In addition to the upfront payment that VIVUS received at the time the agreement was executed and the $2.5M
milestone payment related to MFDS approval, the agreement also includes future
milestone payments contingent upon initiating the commercial launch and achieving sales goals within the covered territory.
Global Banking News-May 29, 2019-Zymeworks achieves USD2.0m
milestone payment from Merck
NORDIC BUSINESS REPORT-September 14, 2018-CytRx Corporation announces USD250,000 in
milestone payment for arimoclomol from Orphazyme A/S
Based on this milestone and under the terms of the agreement, Agenus received a $4 million
milestone payment and is entitled to receive up to an additional $95 million in success milestones from Merck.
BANKING AND CREDIT NEWS-December 5, 2014-CTI BioPharma gets USD15m
milestone payment for TRISENOX
"
Milestone payment" means a nonrefundable amount that is contingent on the achievement of a milestone.
(SeeNews) - Aug 5, 2014 - Belgian Galapagos (EBR:GLPG, AMS:GLPG) has made a new step toward its search for a new medicine against osteoarthritis, KBC Securities said Tuesday, commenting on the new
milestone payment the biotechnology firm received from its partner Servier.
M2 PHARMA-August 31, 2018-DURECT wins USD5m
milestone payment from Indivior
Epizyme (EPZM) announced it has earned an $8M
milestone payment from GlaxoSmithKline (GSK).
M2 PHARMA-August 16, 2018-Agenus wins second
milestone payment from Merck
Ra Pharmaceuticals (RARX) announced that it has received a development
milestone payment under its collaboration agreement with Merck (MRK).