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Replies to #28 on LNTH (LNTH)
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Chuckles759

08/24/20 9:38 PM

#32 RE: SmileyRiley_595 #28

Still doing my homework but I'm thinking they'll get the 5% for 10 years that Progenics agreed upon first PRO 140 commercial sale.

I think there's another 5% that goes to Abbvie also.

Since the turnover of PRO 140 to CytoDyn was so long ago, those costs have been absorbed/written off the books and whatever royalty revenue LNTH/ABBV gets is going to fatten up their quarterly income statements.

I'll do some digging and slide it to you via email.