$700mm is what Celgene gave UPFRONT for a Crohns d
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Posted On: 10/08/2018 9:58:14 AM
$700mm is what Celgene gave UPFRONT for a Crohns drug that was going to enter Phase3. There was another $800mm of Milestones then another 25% of sales. Total deal ,NOT buyout was $2.5B.
BTW the drug failed interim P3 results. So the private company made $700mm.
Ya can't trust those PRIVATE companies!!!
BTW the drug failed interim P3 results. So the private company made $700mm.
Ya can't trust those PRIVATE companies!!!
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