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"On August 19, 2014, we completed a business acquisition for consideration consisting of cash of $42,000 and up to an additional $3,000 payable upon the achievement of specified milestones".
According to Reuters, Abraxis acquired the full equity of both Shimoda and Platco for an initial payment of US$15 million, plus potential additional payments if specified milestones were met [ 8].
The provision of contract R&D services in the emerging markets is relatively new and transactional in that services are rendered in return for payments upon completion of specified milestones.
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Both companies must meet specified technical milestones to pick up what will be staged payments.
GoK/UNICEF Programme 1994-98 han an MPO that specified the milestones for its implementation.
A web development contract, for example, might specify development milestones, and testing and acceptance periods.
To promote participant retention, remuneration will be provided when participants reach pre-specified milestones.
If pre-specified milestones are achieved the study will be enlarged to a 1,800-patient 1,800-patientacy study.
Set milestones.
Where sites took over a specified time to reach milestones (>3 months from MREC to Site Specific Information (SSI) submission, >30 days from SSI validation to local R&D approval, or >30 days from local Research and Development (R&D) approval to opening to recruitment), the longest continuous delay during that milestone was identified.
Where sites took over a specified time to reach milestones (>3 months from MREC to SSI submission, >30 days from SSI validation to R&D approval, or >30 days from R&D approval to opening to recruitment) the longest continuous delay reason recorded between those two milestone dates was identified.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com