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Biotech / Medical : ARIAD Pharmaceuticals
ARIA 23.990.0%Feb 17 4:00 PM EST
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From: civic088015/9/2016 11:18:38 AM
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Denner is clearly setting the Stage for a Buyout at the RIGHT Price".The terms of the license agreement also include an option for a future acquirer of Ariad to buy back the rights to Iclusig by repaying the upfront and milestone payments, plus paying an additional amount based on Iclusig sales during the previous 12 months and royalties of 20 to 25 percent on sales for the remaining royalty term."
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