NEU 6.46% $15.63 neuren pharmaceuticals limited

bluebird bio has entered into an advance agreement to sell a...

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    bluebird bio has entered into an advance agreement to sell a Rare Paediatric Disease Priority Review Voucher, contingent upon the FDA approving the company’s BLA for lovo-cel for sickle cell disease and granting the PRV. The PDUFA date for lovo-cel is set for 20 December this year.

    The negotiated sale price for the voucher is US$103 m. This is the third PRV sale in 12 months for bluebird bio. The previous sale of two other PRVs netted the company US$197 m in total.

    This suggests to me that Acadia's failure to date to sell the PRV granted for trofinetide is not because of absence of demand or a fall in the market value of PRVs.

    https://au.finance.yahoo.com/news/bluebird-bio-enters-advance-agreement-120000768.html
 
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