Apr. 6 at 3:25 PM
$OSRH Biotech company with funding and an active NDA with Sinopharm (approx.
$81B in annual revenue).
The BCME Fund shall pay up to an additional
$815,000,000 in milestone payments, payable directly to OSR Holdings, Inc., upon achievement of clinical, regulatory, and commercial milestones to be detailed in the Definitive Agreement.
Milestone Design Principles:
● Milestones shall be primarily weighted toward clinical and regulatory achievements, including advancement through Phase 2 and Phase 3 development and regulatory approvals.
● Purely operational milestones (e.g. patient recruitment thresholds or trial initiation alone) shall be minimized and capped.
● The milestone schedule shall be consistent with industry-standard oncology licensing transactions, adjusted to reflect the Phase-2b-ready status of VXM01.
$PFSA $SLNO $HOLX $ADTX