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Replies to #67304 on Biotech Values
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DewDiligence

10/11/08 9:55 AM

#67305 RE: medchal #67304

The 2-year clock on the second way of earning the $0.50/sh payment just started:

“(ii) orphan exclusivity for the acute treatment of HAE has not become effective for any third party's human C1 inhibitor product for two years from the later of the date of closing and the date that orphan exclusivity for Cinryze for the prophylaxis of HAE becomes effective.”
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rkrw

10/11/08 10:15 AM

#67307 RE: medchal #67304

True. But CSL will have to really drop the ball for that milestone to be met.