GREY:MDCGF - Post by User
Post by
Indicatoron Sep 25, 2012 10:37am
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Post# 20410963
China Royalty deal !!!
China Royalty deal !!! Now we're talking! Long awaited wordwide deals look to be taking shape.
"The company will receive an upfront payment of $4.5 million from Philip Morris. In addition, the biopharmaceutical firm is eligible to receive development milestone payments totaling $7.5 million, as well as royalty payments on any future sales of pandemic and seasonal influenza vaccines by the tobacco company in China that use its technologies"
https://tinyurl.com/9azf953