Replies to post #2779 on Ocera Therapeutics fka OCRX

[longx]

As described in the clinical website: https://clinicaltrials.gov/ct2/show/NCT03712280
They're still in phase 2a for studying pharmacodynamics/safety/pharmacokinetics of oral administration MNK6106. If the clinical data comming out in the upcoming October is good, they're definitely going to start Phase 3 trial for oral MNK6106, and for this we'll receive $0.52/share as soon as the very first patient enrolled for the trial.

Below is the 3 milestone payments:
1). $0.52/share if the first patient is enrolled in a Phase 3 for oral trial MNK6106
2). $0.34/share if the first patient is enrolled in a Phase 3 for IV trial MNK6105.
3) $1.72/share if the combined sales of MNK6105 & MNK6106 worldwide exceed $500 million before 2029

BTW, below is the link to the previous Phase 2b clinical trial for Oral OCR-002 conducted by Ocera:
https://clinicaltrials.gov/ct2/show/NCT01966419