Nov. 13 at 5:26 PM
$BOLT "Under the Genmab Agreement, the Company is eligible to receive total potential milestone payments of up to
$125.0 million in development milestones and
$160.0 million in sale milestones per therapeutic candidate exclusively developed and commercialized by Genmab, along with tiered royalties at rates from a single-digit to mid-teens percentage based on net sales of each therapeutic candidate"
Big pharma Genmab and BOLT are jointly developing THREE candidates. Each w/ potential of up to 285mil in milestone payments......company is sitting at a ~10m market cap right now. Genmab
$GMAB a 20B company. Would make sense for a takeover now rather than later......just sayin'