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Saturday, August 29, 2015 6:25:49 AM
The CVR's were not included in the reverse. These CVRs will equally divide the $60 million attributable to a transaction for Libigel. If there is upfront money 66% of it is divided equally among the CVRs. The remainder of the $60 million relating to Libigel has the CVR being paid at a rate of 5% of net revenues from direct sales of Libigel, providing ANI does not incurr more than $2.5 million in development expenses.
Recent ANIP News
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