Too funny - $26 Million paid by GSK to NURO for its $250 TENS device????
That must be the up-front non-exclusive Distributor fee srin or perhaps the cost to acquire a couple of percentage points? If that is actually the acquisition price of the deal to buy the IP, then, to me, it’s a fire sale price and NURO bailed! And fantastic news for BIEL which owns the patented IP for the only miniaturized SWT pain management device in earth that FDA has cleared as efficacious, safe and totally without side-effects. Isn’t the truth a wonderful thing? What a great day for BIEL!