@stockrock
Have you factored in any royalties from the link below. I think MSB has factored in 10 million euro thus far in the accounts but I stand to be corrected. The other 10m is upon regulatory milestones but I'd need to take a closer look.
http://tigenix.com/wp-content/uploads/2017/12/151217-TiGenix-Mesoblast-license-agreement-EN.pdf
As consideration, Mesoblast will receive up to €20 million (approximately USD$24 million) in payments, with €5 million upfront, €5 million within 12 months, and up to €10 million in product regulatory milestones. Additionally, Mesoblast will receive single digit royalties on net sales of Cx601.
Market opportunity aGVHD, page-2
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