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Replies to post #226421 on Biotech Values
biocqr
10/16/19 10:32 AM
#226424 RE: DewDiligence #226421
The transaction includes the potential for additional consideration in the form of non-tradeable contingent value rights (CVRs), which will be paid to Achillion shareholders if certain clinical and regulatory milestones are achieved within specified periods. These include $1.00 per share for the U.S. FDA approval of danicopan and $1.00 per share for ACH-5228 Phase 3 initiation.
10/16/19 12:54 PM
#226430 RE: DewDiligence #226421