other material
confidence high
sentiment positive
materiality 0.70
Aligos licenses pevifoscorvir sodium to Amoytop for China/Taiwan/HK/Macau; upfront $25M, milestones up to $420M
Aligos Therapeutics, Inc.
- Exclusive license to develop and commercialize pevifoscorvir sodium for HBV and HBV/HDV in mainland China, Taiwan, Hong Kong, and Macau.
- Upfront cash payment of $25 million from Amoytop; eligible for up to $420 million in development, regulatory, and commercial milestones.
- Tiered high single-digit royalties on net sales in the Territory.
- Amoytop responsible for all development, regulatory, manufacturing, and commercialization costs in the Territory.
- Effectiveness conditional on Amoytop shareholder approval within 45 days of signing.