TSRO on fire- Nice for OPK to have nice 10% equity share in it.
A bunch of conversation with PBTH deal, meanwhile TSRO is up almost 20% in last 5 day. Looks like Frost struck gold for OPK with TSRO. Longs this is just the start for OPK, buy and hold with long term horizon and be rewarded.
Under the terms of the agreement OPKO is eligible for payments of up to $121 million, including an up-front payment and
additional payments based upon achievement of specified regulatory and commercialization milestones; and will receive double
digit tiered-royalties on sales. TESARO and OPKO will share future profits from the commercialization of licensed products in
Japan and OPKO will have an option to market the products in Latin America. In addition, OPKO will acquire a 10% equity
position in TESARO
How about Pearson our Seeking Alpha short, using Family money to fund his short position on OPK and TSRO, Man it's going to suck being him at the holiday family get togethers...Well little Tommy and little Suzy we're not having Christmas this year...LOL!!!!