The Imagify license would include a $40 million payment to Acusphere upon FDA approval of Imagify and a royalty on net sales.
So I wonder what that royalty payment will be should they get approval? Guess we will have to wait until Monday morning at 11am to find out. At least they will get 20 million now to make it through the pdufa date.
Sure wish Sherri had raised more cash last year so as not to have been put in this position, and could have had bidders going up against each other, if approved.