RE: thTakesguts. I am struggling with the math here:
Total payment announced on deal signing - $215M
Initial payment - $30M
NDA submission - $10M
FDA approval mentioned by you $25M
TOTAL: $65M to date
That leaves $150M for sale dependent milestones.
I heard that there will be two milestone payments on approval: one for approval another one for the “strength” of the label. What you are referring to, is it for both of these payments or the one for "strong" label?