other material
confidence high
sentiment positive
materiality 0.70
Milestone closes $75M royalty sale to RTW for etripamil US net sales
Milestone Pharmaceuticals Inc.
- Closed sale of royalty interest under Royalty Purchase Agreement with RTW Royalty I DAC.
- Received $75 million purchase price from funds managed by RTW.
- Royalty interest is on annual net product sales of etripamil in the United States.
- Previously disclosed on March 27, 2023; FDA approval of etripamil a condition.