rubraquercus
Sep 22, 4:29 PM
$IONS Under the November 2024 global licensing and development agreement between Ionis Pharmaceuticals and Otsuka Pharmaceutical for ulefnersen (ION363), the explicit public financial terms include:💵 Upfront and Deal Economics Upfront Payment: Otsuka paid Ionis an initial
$10 million (U.S.) upfront payment upon closing. Development Cost Sharing: Otsuka began reimbursing Ionis for ongoing global Phase 3 clinical trial (FUSION) costs starting in 2025.Milestone Payments: Ionis is eligible to receive additional substantial milestone payments tied to the achievement of specified regulatory approvals and commercial sales targets. Royalties: Ionis is eligible for tiered, double-digit/percentage royalties on future net sales of ulefnersen worldwide.
September 22, 2026 Otsuka Establishes Ulefnersen Early Access Program (EAP) for Eligible People Living with FUS-ALS
Otsuka Holdings reported a consolidated revenue of ¥2,468.9 billion (approximately
$16.5 billion USD) for fiscal year 2025
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