NEU neuren pharmaceuticals limited

Ann: Trofinetide marketing application submitted in Europe, page-51

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    If approved, Acadia will sell trofinetide in Europe under license from Neuren. Upon the first commercial sale of the treatment in Europe, Neuren is contracted to receive a US$35 million payment from Acadia. That's in addition to ongoing royalty payments.

    How has this led to 10% free fall is beyond me. Smart investors/individuals - please enlighten me here
 
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