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mcbio

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mcbio

Re: jq1234 post# 116561

Saturday, 04/16/2011 2:02:20 PM

Saturday, April 16, 2011 2:02:20 PM

Post# of 253075
PGNX @ BioCentury (4/15/11)

At about the 8-minute mark of this presentation PGNX's CEO specifically disclosed (I believe for the first time) that PGNX will be entitled to a 15-19% royalty rate on U.S. sales of Relistor from Salix. I think that's a nice royalty rate for PGNX seeing that Salix is responsible for all future costs.
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