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silvr_surfr

08/27/18 10:40 AM

#8562 RE: catty #8561

Hey Catty. In our license agreement with Gilead, we are due a milestone payment upon EMA approval of Yescarta which happened today. Last quarter ANIP reported $0.9M in milestone and royalty payments from Yescarta. It looks like there may be a quarter lag in receiving the milestone payments since last quarter's payment must have been from the initial sale of the product in Q4.

The best part of all of this is we now have a new stream of royalties from the EU.

Steve