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Bxofscidad

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Bxofscidad

Re: biotech_researcher post# 73407

Tuesday, 05/31/2016 4:43:14 PM

Tuesday, May 31, 2016 4:43:14 PM

Post# of 80490
The deal was made with Otsuka and announced on 12/23/14, Ariad received an upfront payment of 77.5 Million and will receive an additional milestone (announcement is silent as to the amount) when Ponatinib is approved for patients with resistant or intolerant Philadelphie-positive Leukemia. Trials for any other indications will be paid by Otsuka and if Ponatinib is approved for any other indications, Ariad to receive additional milestone payment for each such approval. Ariad also gets 'substantial" share of net sales of Ponatinib.



Barry
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