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Bxofscidad

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Bxofscidad

Re: ariadndndough post# 4619

Wednesday, 01/05/2011 2:03:21 PM

Wednesday, January 05, 2011 2:03:21 PM

Post# of 80490
It had to be more than 10% because of the following:


1- In the first agreement between Merck & Ariad, it was reported that Ariad would receive a "double digit" royalty on sales of Rida.


2- As part of the revised agreement, I recall Harv saying that Ariad's royalty would be increase by 5%


Therefore, 20% sounds both reasonable and plausible.



Barry
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