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ArQule Inc. Message Board

  • zzaofijb zzaofijb Oct 22, 2008 4:12 PM Flag

    AMGN just killed on earnings!

    AND They would love to acquire ARQL, it seems right!

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    • Either they or someone else:

      "ArQule already licensed the rights for ARQ-197 in Asia to Japan-based Kyowa Hakko for a $30 million cash upfront licensing payment, $90 million in milestone payments and double digit royalties on future sales. One would expect a deal that includes the U.S. and Europe will involve even higher numbers, given the large commercial opportunity and the more advanced stage of ARQ-197. The Oppenheimer analysts estimate that the deal will involve an upfront payment of $40-60 million and milestone payments of $200 million, on top of “low double digit royalties”.

1.64-0.05(-2.96%)Feb 5 3:59 PMEST