News Focus
News Focus

t57

Followers 0
Posts 285
Boards Moderated 0
Alias Born 10/15/2011

t57

Re: iwfal post# 7135

Saturday, 10/29/2011 9:13:11 AM

Saturday, October 29, 2011 9:13:11 AM

Post# of 20689

until the contractual profit reaches $135.0 million. Thereafter, for the balance of the product year, Sandoz is obligated to pay Momenta a 45% profit share.
What does "contractural profit" mean?



when S/NVS profits reach $135M or when the royalty payments received by MNTA reach $135M?