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Created: 11/14/2011 10:14:06 AM - Followers: 17 - Board type: Free - Posts Today: 0
Sanofi - Contingent Value Rig (GCVRZ)
 
The CVR contains 5 discrete milestones related to the development and commercialization of Lemtrada:
 
  1)   Approval Milestone: CVR holders are entitled to receive $1 per CVR after U.S. FDA approval of Lemtrada for treatment of multiple sclerosis, if the approval occurs on or before March 31, 2014.
 
  2)   Product Sales Milestone #1: CVR holders are entitled to receive $2 per CVR in the event net sales for Lemtrada total $400 million or more on a global basis during specified periods following product launch.
 
  3)   Product Sales Milestone #2: CVR holders are entitled to receive $3 per CVR in the event global net sales for Lemtrada total $1.8 billion during any 4 consecutive calendar quarters. Any quarters used in the achievement of this sales milestone cannot be used again for the achievement of any subsequent milestones. In addition, if this Product Sales Milestone #2 is achieved despite U.S. FDA approval of Lemtrada for treatment of multiple sclerosis not having occurred on or before March 31, 2014 (and so the Approval Milestone Payment was not made), CVR holders will be entitled to receive an additional $1 per CVR for Product Sales Milestone #2.
 
  4)   Product Sales Milestone #3: CVR holders are entitled to receive $4 per CVR in the event global net sales for Lemtrada total $2.3 billion during any 4 consecutive calendar quarters. Any quarters used in the achievement of this sales milestone cannot be used again for the achievement of any subsequent milestones.
 
  5)   Product Sales Milestone #4: CVR holders are entitled to receive $3 per CVR in the event global net sales for Lemtrada total $2.8 billion during any 4 consecutive calendar quarters.







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#282 Sanofi announces settlement agreement related to Contingent Value Enterprising Investor 12/24/2019 03:09:00 PM
#281 It's been a long time since anyone has greendragon- 10/25/2019 07:07:24 PM
#280 New Findings In The GCVRZ Lawsuit (10/02/18) Enterprising Investor 11/24/2018 12:55:48 AM
#279 U.S. District Court Enterprising Investor 11/24/2018 12:50:03 AM
#278 Why the volume? What the $ run JHOGG 01/18/2017 11:38:16 AM
#277 Up 8% turn around is coming $$$$$$$$$$ pennystockaholic 12/28/2016 07:26:49 PM
#276 I like these levels, we will see a pennystockaholic 12/15/2016 04:59:09 PM
#275 Over 7M in volume this week. What's your guess?!? JHOGG 12/14/2016 01:05:40 PM
#274 Lemtrada Targets Circulating Innate Immune Cells in RRMS Patients https://multi JHOGG 12/12/2016 02:55:25 PM
#272 E.investor Can you provide some insight into what all JHOGG 12/02/2016 03:13:00 PM
#271 Amended Discovery Plan and Scheduling Order (10/24/16) Enterprising Investor 12/01/2016 01:21:35 PM
#270 Notice of Interlocutory Appeal Order on Motion for Enterprising Investor 12/01/2016 01:14:17 PM
#269 Deadline for PSMs 2, 3 and 4 is 12/31/20 Enterprising Investor 12/01/2016 01:09:22 PM
#268 Memorandum Decision and Order: Denying Motion for Partial Enterprising Investor 12/01/2016 01:08:04 PM
#267 Order Granting Motion to Substitute Party (7/19/16) Enterprising Investor 12/01/2016 12:55:45 PM
#266 Volume!!!!! JHOGG 11/14/2016 02:47:17 PM
#265 Yep!!!! $$$$ JHOGG 11/07/2016 12:28:08 PM
#264 Sales Milestone #2 **might** actually be achievable! pcarew 11/02/2016 05:37:37 PM
#263 Smithers Rapra have forecast the global market for TERIA 10/13/2016 04:19:15 PM
#262 Blog: Federal Court Gives Teeth to Operational Efforts JHOGG 09/28/2016 04:16:09 PM
#261 Treatment Effects Maintained Over Six Years in Patients Enterprising Investor 09/16/2016 02:11:29 PM
#260 Boom! Volume!!! Whose acquiring big blocks JHOGG 07/28/2016 11:27:00 AM
#259 2.7M volume! PPS holding. Assume acquiring thanking JHOGG 07/11/2016 03:38:34 PM
#258 Q1 double digit growth topping $100M. What will JHOGG 06/27/2016 11:29:43 AM
#257 Someone bought 1M shares! Someone in the JHOGG 06/21/2016 02:28:33 PM
#256 Another 1M+ trading day!!!! JHOGG 06/21/2016 01:57:08 PM
#255 Any recovery for CVR holders will more likely Enterprising Investor 06/15/2016 03:52:20 PM
#254 Strong volume last two days. 2015 revenue $243M. JHOGG 06/15/2016 03:15:01 PM
#253 Action over the last few months does not Enterprising Investor 06/09/2016 05:15:29 PM
#252 Lemtrada Offers Long-Term Stability in MS Patients. Great JHOGG 06/09/2016 02:20:25 PM
#251 Consistently creeping up..... Keep it rolling. As it becomes JHOGG 06/07/2016 01:43:07 PM
#250 Honestly im just catching up, been going through CrownCannabis 06/02/2016 09:54:56 PM
#249 Easy Frank. I appreciate EI's insight. I've been JHOGG 06/02/2016 03:39:58 PM
#248 It was the pre-market trade that went through. CrownCannabis 06/02/2016 01:01:54 PM
#247 Was this the yesterday morning trade cancelled or JHOGG 06/02/2016 11:03:15 AM
#246 20M share trade cancelled in after hrs CrownCannabis 06/01/2016 11:13:08 PM
#245 SCHEDULE 14A---06/01/2016 CrownCannabis 06/01/2016 11:01:44 PM
#244 Interesting.. CrownCannabis 06/01/2016 12:29:08 PM
#243 My thought as well. If Sanofi is expecting JHOGG 06/01/2016 12:01:57 PM
#242 American Stock Transfer & Trust Company LLC recently Enterprising Investor 06/01/2016 10:57:56 AM
#241 GOOGLE INVOLVED CrownCannabis 06/01/2016 10:54:31 AM
#240 This is gonna go through the roof.. CrownCannabis 06/01/2016 10:53:36 AM
#239 http://mediaroom.sanofi.com/fda-advisory-committee-recommends-approval-of-sanofi CrownCannabis 06/01/2016 10:51:17 AM
#238 09:27:06 20,240,462 @ .19 db7 06/01/2016 10:48:41 AM
#237 Pre-market? Could you check trades to see at CrownCannabis 06/01/2016 10:46:37 AM
#236 Can someone help me understand a 20M share JHOGG 06/01/2016 09:55:46 AM
#235 Seems like a few good postings about lemtrada. Defkon 03/09/2016 03:05:59 PM
#234 Any predictions on the upcoming appeals judgement? JHOGG 02/29/2016 02:47:08 PM
#233 Reach out to the following: Richard A. Maniskas, Esquire Ryan JHOGG 01/15/2016 01:58:03 PM
#232 American Stock Transfer & Trust Company LLC as Enterprising Investor 01/14/2016 12:00:37 PM
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