What I am finding says it was a 50/50 Profit split.
I have put a link from the announcement and then asked ChatGPT that very specific question. Here is the response;
"The agreement between Janssen and Pharmacyclics was indeed a **50/50 profit split**, where both companies equally shared profits and losses related to the development and commercialization of PCI-32765 (Ibrutinib). This profit-sharing approach differed from a traditional royalty-based structure."
https://www.jnj.com/media-center/press-releases/janssen-biotech-inc-announces-collaborative-development-and-worldwide-license-agreement-for-investigational-anti-cancer-drug-pci-32765
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CPACS: Research, Results, Market Comparisons, and Valuations, page-252
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Mkt cap ! $242.0M |
Open | High | Low | Value | Volume |
$1.49 | $1.49 | $1.41 | $238.0K | 164.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 300 | $1.43 |
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Price($) | Vol. | No. |
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$1.45 | 2011 | 1 |
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No. | Vol. | Price($) |
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1 | 300 | 1.425 |
2 | 2405 | 1.420 |
1 | 1442 | 1.415 |
2 | 7000 | 1.410 |
3 | 5611 | 1.405 |
Price($) | Vol. | No. |
---|---|---|
1.445 | 2011 | 1 |
1.480 | 3055 | 2 |
1.490 | 38352 | 1 |
1.500 | 1040 | 1 |
1.535 | 2285 | 1 |
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