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Apricus Biosciences, Inc. Message Board

  • g_dargusch g_dargusch Nov 13, 2013 3:19 PM Flag

    from todays Seeking Alpha

    "Apricus is also eligible to receive approximately $21 million in milestone payments based on future sales, plus double-digit tiered royalties based on Majorelle's net sales of the product in the territory. In exchange, Majorelle will have the exclusive right to commercialize Vitaros in the territory. In addition, Majorelle has agreed to minimal marketing commitments for Vitaros, including an expansion of its existing sales force in France." THIS PART IS JMO,,,But B4 we receive any of said milestone payments,,,, DOESN'T VITAROS HAVE TO GET,,, LAUNCHED??? gallen

0.367-0.033(-8.25%)Jun 27 3:59 PMEDT