Replies to post #2983 on Opko Health Inc (OPK)

[dshade]

close above 8.50 and makes trip bottom

[tomsylver]

Look in the post:

Under terms of the license with TESARO, OPKO is eligible to receive up-front and milestone payments of up to $121 million.

[now invest]

Here is the kind of money OPK can get!!

Under the terms of OPKO’s agreement with TESARO (TSRO
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), OPKO is eligible to receive payments of up to $121 million, including up-front and additional payments based on regulatory and commercialization milestones, including acceptance by FDA of the NDA. OPKO will receive double digit tiered-royalties on sales of rolapitant. In addition, TESARO (TSRO
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) and OPKO will share future profits from the commercialization of rolapitant in Japan, and OPKO will have an option to market the products in Latin America.