InvestorsHub Logo

DewDiligence

01/22/15 3:59 PM

#12975 RE: indigokid #12974

BAX can: a) defer the deadline to make a decision by paying $5M per drug ($20M for four drugs); or b) pay $28M to exercise the option and license up to four additional drugs (#msg-96383250).

I doubt that BAX will choose a).