$19+MM USD since 1chf=1.07 USD. Not a bad start. Curious about the North trial update tomorrow, will not speculate...
That amount equates to a little more than 2000 patients being treated, and this is not a full quarter either. I would say were off to a really good start. Go go go Kadcyla (pronounced like Godzilla).
Someone on IV said that this amounts to 600K for IMGN.
probably accurate, the royalty structure starts at 3% and goes to 5%. They won't make that much this year, but they will in future years as sales ramp into the $BB's.