ABVC BioPharma Receives $50,000 In Incremental Licensing Fees
Portfolio Pulse from Benzinga Newsdesk
ABVC BioPharma has received an additional $50,000 in licensing fees, totaling $346,000 from strategic partners. The company has also acquired 23M AiBtl shares and is set to receive up to $100M in royalties post-product launch.
October 22, 2024 | 12:51 pm
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ABVC BioPharma has received an additional $50,000 in licensing fees, bringing the total to $346,000. The company has also acquired 23M AiBtl shares and is set to receive up to $100M in royalties after the product launch.
The additional licensing fees and acquisition of AiBtl shares indicate strong strategic partnerships and potential future revenue streams, which are positive indicators for ABVC's financial health and stock price.
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