Post by
GoldenJJ on Jun 19, 2021 8:38pm
USD$5 million is just initial payment in the contract.
It says the milestone payment will be increased if ryplazim is approved by FDA https://app.quotemedia.com/data/downloadFiling?webmasterId=101442&ref=115890350&type=HTML&symbol=LMNL&companyName=Liminal+BioSciences+Inc.&formType=6-K&formDescription=Report+of+foreign+private+issuer+pursuant+to+Rule+13a-16+or+15d-16+under+the+Securities+Exchange+Act+of+1934&dateFiled=2021-05-21&CK=1351172
Comment by
GoldenJJ on Jun 19, 2021 8:47pm
Any guess how much value of Ryplazim will be? Maybe a lot than you expect. Let's wait and see the final deal
Comment by
GunnerG on Jun 20, 2021 9:18pm
GoldenJJ, it says ; "(b) In the event the BLA and/or the PRV is issued [***], subsequent to Kedrion exercising its Call Option, the amount of the Milestone Payment shall be increased to an amount equal to [***]." BLA and PRV were issued prior to Kedrion exercising, not subsequent.
Comment by
GoldenJJ on Jun 20, 2021 10:07pm
Ryplazim business will be sold $5 millions + milestone payment. Even Ryplazim is not approved. Because Ryplazim is approved, the milestone will be much higher than original milestone payment.
Comment by
GunnerG on Jun 21, 2021 9:46am
StupsNewcamo, did you get a new ID. ROF