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Pharma Mar Receives First Commercial Milestone Payment Of $25 Million From Jazz Pharmaceuticals

BRIEF-BRIEF-Pharma Mar Receives First Commercial Milestone Payment Of $25 Million From Jazz Pharmaceuticals

Reuters

Published On Mar 4, 2022 at 03:45 PM IST

Pharma mar:

Receives first commercial milestone payment of $25 million from jazz pharmaceuticals

Payment after reaching first commercial milestone set out in its licensing agreement in relation to sales for financial year 2021

It's eligible for additional regulatory milestone payments of up to $153 million and is also eligible to receive additional commercial milestone payments of up to $528 mln related to achieving certain milestones in u.s. and canada source text: https://bit.ly/3hae4yz further company coverage: (gdansk newsroom)