Worst case: $50 mill upfront, but commitment to meet all the costs of the Phase 3. $250 m on FDA approval, 10% royalties
Best case: More upfront, additional commitments to fully fund manufacturing and toxicity etc and European and other non-US approval applications/negotiations – leaving Neuren free to spend any upfront, milestone and royalties on other indications etc
What will the deal be like? Head vs heart, page-2
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