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lecorb

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lecorb

Re: Clockonthewall post# 858

Thursday, 12/03/2020 6:23:35 PM

Thursday, December 03, 2020 6:23:35 PM

Post# of 894
Merrimack sold its oncology portfolio to Ipsen in April 2017 for $575M in upfront cash. MACK is eligible to receive up to an additional $450M triggered by the approval of additional indications for Onivyde in the U.S., a bullish prospect considering its current market cap of ~$77M.

https://seekingalpha.com/news/3640924-merrimack-pharma-jumps-42-on-bullish-timeline-for-potential-onivyde-milestone-payment
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