Got this last week news from my etrade acct. Lots of ifs and may take a while but reason for the mmove IMHO Can't get on my etrade today to post the entire bit but two most important areas I saved as:
RNVO LONDON (Dow Jones)--Shire said Wednesday it has signed an agreement with Renovo Group for the exclusive development and commercialization rights to JUVISTA, Renovo's novel treatment in late phase 2 development for the prevention and reduction of scarring. Phase 3 trials are anticipated to commence in mid 2008.
On the FDA's acceptance of the filing of the biologics license application for JUVISTA, Shire will pay US$25 million and on FDA approval, between US$50 and US$150 million depending on the characteristics of the approved product labelling. In addition, Shire will pay to Renovo royalties on sales of JUVISTA and milestone payments of up to US$ 525 million on the achievement of very significant sales
rider3160: