KZA 0.00% 8.0¢ kazia therapeutics limited

Oasmia will makean upfront payment ofUS$ 4millionto Kazia, with...

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    Oasmia will makean upfront payment ofUS$ 4millionto Kazia, with contingent milestonepaymentsof up to US$ 42million, and double-digit royalties on commercial sales.

    IMO, on the surface, not that great a deal, especially the milestone payments.

    On the plus side all development costs (which could be many, many tens of millions to get it to approval) is now Oasmia’s problem.
 
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