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semi_infinite

02/18/16 11:53 AM

#15345 RE: mouton29 #15344

It does read like a cap. They really haven't figured out how well their business model works (so far not so hot) and the company spends like drunken sailors.

pollyvonwog

02/18/16 12:05 PM

#15346 RE: mouton29 #15344

Well there seems to be some sort of plan in place as MNTA has already said they'll recieve $60m of the "milestones" in 2016 (I don't see the big deal with the term and the structure is nothing new from what they originally stated with the deal, but whatever)

DewDiligence

02/18/16 4:03 PM

#15352 RE: mouton29 #15344

Does that mean that it’s a 50-50 profit and expense sharing deal, but Mylan's share of expenses is capped at $200 million?

No—there is no cap on MYL’s expenses.