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Tony888

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Tony888

Re: tob999 post# 41

Saturday, 11/14/2015 8:33:05 PM

Saturday, November 14, 2015 8:33:05 PM

Post# of 363

AXON have a duff AD drug that GlaxoSmithKline sold them for a paltry $5M.



All the bear articles and comments just talks about initial $5M payment to GSK and leaving out the rest of the deal which is 12.5% sales royalty to GSK as well as $75-$160 million in contingent payments to GSK upon reaching several milestones. Looks like a great deal for GSK.
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