NEU - sold its right to FDA approved drug and now gets Royalties 10 to 15%...e.g. on usd250mln Sales their Royalty is 25mln on usd 500mln Sales os 10%...
They got dec( from memory)ent usd100mln to 130mln upfront payment from Arcadia ( their US partner) to enter such agreement...
in summary one would expect income 40 to 50mln usd...
BOT story , I assume you know ..we own our destiny and even if we sell what Japan does today...300 000 prescriptions @ usd 700 ....@ min70% margin...
then one understand the Difference. ...
then adjust for 3x US population upside...
NEU - sold its right to FDA approved drug and now gets Royalties...
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