RVNC—In these kinds of deals, the manufacturer (RVNC in this instance) generally gets paid a contractual price on shipments of drug that includes a modest mark-up to the actual production cost. This is separate from the royalty on sales.
There isn’t enough information in the RVNC-Fosun PR to determine exactly how this will work, but there will probably be more detail in an upcoming SEC filing.
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