Athersys Licenses Its Animal Health Assets To Ardent Animal Health; Co. To Receive Initial Fee, Agreement Includes Pre And Post-Regulatory Milestone Payments As Well As Royalties On Commercial Sales
Portfolio Pulse from Bill Haddad
Athersys has licensed its animal health assets to Ardent Animal Health. The agreement includes an initial fee, pre and post-regulatory milestone payments, and royalties on commercial sales.
October 03, 2023 | 8:32 pm
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Athersys' licensing deal with Ardent Animal Health could provide a steady stream of revenue through initial fees, milestone payments, and sales royalties.
The licensing deal directly involves Athersys and could significantly impact its revenue. The initial fee provides immediate income, while milestone payments and sales royalties offer potential for ongoing revenue. This could positively affect Athersys' financial performance and, consequently, its stock price.
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