Catalyst Biosciences Inc (CBIO): CBIO 7.41 - enters an agreement with Bio...

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Catalyst Biosciences Inc (CBIO)

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Monday, 12/23/2019 9:15:21 AM

Monday, December 23, 2019 9:15:21 AM

CBIO 7.41 - enters an agreement with Biogen (BIIB). Friday's 8-K filing afterclose confirmed what was vague in the earlier pr:

Under the terms of the Agreement, the Company is entitled to receive from Biogen an up-front cash payment of $15 million. The Company is also eligible to receive from Biogen up to $340 million in clinical, regulatory, and commercial milestone payments. The Company will perform pre-clinical and manufacturing activities and Biogen will be solely responsible for Investigational New Drug (IND)-enabling activities, worldwide clinical development, and commercialization. Biogen will reimburse the Company for pre-clinical and manufacturing activities performed under the Agreement.

https://ih.advfn.com/stock-market/NASDAQ/catalyst-biosciences-CBIO/stock-news/81406145/current-report-filing-8-k

At 9/30 CBIO had $6.75 per share netcash remaining. This $15M upfront payment should increase their netcash and are all bills paid moving forward??? Sweetest offensive and defensive setup I see out there?

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Recent CBIO News

Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 04/19/2024 08:06:05 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 04/09/2024 08:31:28 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 04/08/2024 10:03:59 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 04/05/2024 09:40:13 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 04/04/2024 09:27:28 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 04/03/2024 08:48:00 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 04/03/2024 08:01:48 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 04/02/2024 09:35:48 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 04/01/2024 10:42:42 PM
Form 8-K - Current report • Edgar (US Regulatory) • 03/26/2024 09:03:08 PM
Form 8-K - Current report • Edgar (US Regulatory) • 03/26/2024 01:55:13 AM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/22/2024 12:31:12 AM
Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 03/22/2024 12:27:12 AM
Form 8-K - Current report • Edgar (US Regulatory) • 03/21/2024 11:15:51 AM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/19/2024 08:47:45 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/15/2024 09:29:01 PM
Form 8-K - Current report • Edgar (US Regulatory) • 02/14/2024 10:16:03 PM
Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 01/24/2024 10:11:14 PM
Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 01/19/2024 09:05:30 PM
Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 01/12/2024 09:01:35 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/15/2023 09:21:41 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/06/2023 09:01:15 PM
Form RW - Registration Withdrawal Request • Edgar (US Regulatory) • 11/29/2023 09:01:50 PM
Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 11/27/2023 09:49:38 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/23/2023 12:55:53 AM

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