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somerssalt

12/17/20 1:30 PM

#11525 RE: biotech_researcher #11521

If the sp drop is due to the non-US marketing agreement, then the drop is unwarranted. Aurinia gets $100 million upfront and then will get 10%-20% of future overseas net sales. "Net sales' is very different from "net profit", which seems to be the misunderstanding. Aurinia gets a good return with no additional costs incurred. The US market is the big payoff.