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: TechAgreements

Transition Therapeutics Announces Modification of The Collaboration Agreement For Elnd005

By TechAgreements

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Under the terms of the modification, in lieu of a contractually required Phase 3 milestone payment, Transition will receive from Elan a payment of US$9 million at the time of signing and will be eligible to receive a US$11 million payment upon the commencement of the next ELND005 clinical trial. Transition also will be eligible to receive up to an aggregate of US$93 million in additional...

Full post as published by TechAgreements on December 28, 2010 (boomark / email).

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