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Re: ghmm post# 123215

Monday, 07/11/2011 6:44:08 PM

Monday, July 11, 2011 6:44:08 PM

Post# of 257253
Repligen royalty:

The settlement further provides for Bristol to pay royalties on the United States net sales of Orencia® for any clinical indication at a rate of 1.8% for the first $500 million of annual net sales, 2.0% for the next $500 million of annual net sales and 4% of annual net sales in excess of $1 billion for each year from January 1, 2008 until December 31, 2013.



Repligen also owes 15% (I think) to some university.

Peter

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