MVP 0.00% 46.0¢ medical developments international limited

Hi, we must be close to achieving the 3rd milestone payment...

  1. 354 Posts.
    lightbulb Created with Sketch. 1
    Hi, we must be close to achieving the 3rd milestone payment under Mundipharma agreement.
    Extract from 15/9/2015 announcement to market:

    Under the terms of the agreement, Mundipharma will pay MVP upfront and milestone payments of up to $54.5 million US dollars (USD), including:
    •   USD $7 million upon signing;
    •   USD $3million upon receiving Marketing Authorisation approvals in Belgium
      (already received) and France (expected shortly); and
    •   USD $7 million upon receiving first reimbursed sales in France, Germany, Italy and Spain;
    •   The remaining USD $37.5 million on achievement of certain sales based milestones. Additionally
      MVP will receive a gross margin on product sold to Mundipharma and royalties
      based on net sales.
 
watchlist Created with Sketch. Add MVP (ASX) to my watchlist
(20min delay)
Last
46.0¢
Change
0.000(0.00%)
Mkt cap ! $48.04M
Open High Low Value Volume
46.0¢ 46.5¢ 46.0¢ $10.85K 23.56K

Buyers (Bids)

No. Vol. Price($)
2 62948 46.0¢
 

Sellers (Offers)

Price($) Vol. No.
46.5¢ 852 1
View Market Depth
Last trade - 16.10pm 21/08/2024 (20 minute delay) ?
MVP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.