ANI Pharmaceuticals (ANIP): Regarding CVRs from company website: "T...

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ANI Pharmaceuticals (ANIP)

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Monday, 10/16/2017 9:48:52 AM

Monday, October 16, 2017 9:48:52 AM

Regarding CVRs from company website: "The CVRs represent payment rights arising from a future sale, transfer, license or similar transactions(s) involving LibiGel (female testosterone gel), including a royalty on sales of Libigel if the combined company launches the product on its own and if less than $2.5 million is spent on further product development before launch."

If Anip is purchased before Libigel (or whatever it might be called) is launched will the conditions above have been met? Meaning, will "the combined company have launched the product on its own"?

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