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Forum - REXAHN PHARMACEUTICL - RNN   

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From: alectric (Rep: 192) reply to alectricDate: 04/16/2019 09:47
Forum: REXAHN PHARMACEUTICL - Msg #1891Thread #674076625 (Rec: 0)
Re: $14.7 cash and short term investments on hand plus up front payment from ...that's $14.7M



Reply to alectric - Msg #2783122 - 04/16/2019 09:46

Re: $14.7 cash and short term investments on hand plus up front payment from BioSense:

Rexahn will receive an upfront payment and will be eligible to receive additional development, regulatory and commercial milestones up to a total of $226 million contingent on achieving regulatory and commercial goals related to pancreatic cancer and additional indications. Rexahn will also be eligible to receive tiered royalties in the low double digits to mid teens on annual net sales in the territory.
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