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Alimera Sciences, Inc. (ALIM) Message Board

  • cahi55 cahi55 May 22, 2013 4:18 PM Flag

    80% - 20% ALIM to Psiida- share of profits

    Is that just European sales of Iluvien, or all sales including the US?

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    • Answer :

      "The agreement provides that after commercialization of ILUVIEN, profits, as defined in the amended and restated agreement, will provide us with 80% of the net profits and pSivida with 20% of the net profits. In connection with this arrangement we are entitled to recover 20% of commercialization costs of ILUVIEN, as defined in the agreement, incurred prior to product profitability out of pSivida's share of net profits. As of December 31, 2012 and 2011, pSivida owed us $5.6 M"

      Long and strong ALIM

      Sentiment: Strong Buy

5.23-0.05(-0.95%)Feb 27 4:00 PMEST

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