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clock Created with Sketch. 24/05/16
14:56
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Originally posted by TDA
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Ok so with Amgen it goes something like this:"Under the strategic collaboration, Unilife can receive up to $75 million. At closing, Amgen paid a nonrefundable $20 million license fee and purchased a $30 million senior secured convertible note from Unilife. Amgen may purchase up to an additional $25 million in senior secured convertible notes over the next two years ($15 million in January 2017 and $10 million in January 2018). These payments are in addition to Amgen’s $15 million payment to Unilife in connection with the exclusivity letter entered into on December 31, 2015"
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Hey TDA -- Do you think they will take the full 60 days allotted by the NASDAQ or do you think there will be a 10Q and a EC before then?
