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  • semiequipmentgodoftheyear semiequipmentgodoftheyear May 10, 2009 2:06 AM Flag

    New potential royalty revenue for Entremed


    • The Company is also eligible to receive royalties from Oxford Biomedica, PLC from the net sales of products developed for the treatment of ophthalmic (eye) diseases. We did not receive royalties under this agreement in 2008. In the future, royalty payments, if any, will be recorded as revenue when received and/or when collectibility is reasonably assured.