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Medtronic will pay $700 million as well as future milestone payments.
Intelliject licensed the product to Sanofi in 2009, a deal that included an initial payment of $25 million and up to $205 million in future milestone payments and royalties.
Gamesys receives part of their revenue, has future milestone payments and also has a large JPJ share holding.
In February 2000 they formed Eyetech, raised $35 million in venture capital and licensed Macugen, paying Gilead $7 million up front, with up to $25 million more in future milestone payments, plus royalties.
In December, the company sold its high-voltage battery product line to Renaissance Investment Foundation for $55.1 million in cash and up to $15 million in potential future milestone payments.
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The agreement includes $340 million in cash upfront and $300 million in future regulatory milestone payments.
Under the terms of the deal, Locus is getting $20 million in upfront payments and could receive up to $798 million in potential future development and commercial milestone payments and any royalties on potential product sales.
The milestone payments will be contingent upon future regulatory and commercial milestones for Avid's molecular imaging agent florbetapir, which is under investigation to detect amyloid plaque in the brain.
We determine the optimal values for the upfront payment, milestone payments and royalties, and the optimal timing for outlicensing.
Portal will receive an initial payment, with potential to earn milestone payments of up to $100 million.
Watson would receive royalties and milestone payments on sales of the drugs.
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