MYX 3.29% $4.40 mayne pharma group limited

Ann: MYX signs license agreement for women's health products, page-107

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    - 8% royalties on annualises rev = ~6m
    - milestone (one-off) payments only when hit threshold = $5m. Mayne needs to hit $100m in revenue from these products before milestone payments.
    - $140m = great deal for patent protected products with established market presence and revenue stream to the tune of $80m pa. Unlike nextstellis, TMD already did the heavy lifting of launching and creating rev streams for these products.
    - gross margin for these products are 80% - similar GM as nextstellis
 
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