AC Immune earns CHF30M milestone from Eli Lilly [Seeking Alpha]
AC Immune SA (ACIU)
Last ac immune sa earnings: 11/13 07:00 am
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Source: Seeking Alpha
AC Immune earns CHF30M milestone from Eli Lilly AC Immune SA (NASDAQ: ACIU receive LLY This payment is a recognition of progress in the collaboration between the two companies and follows initiation of the Phase 1 study of ACI-3024 for Alzheimer’s disease. A second milestone payment of CHF30M is scheduled in Q1 2020 linked to achievement of further development milestones. Under the terms of the agreement, Lilly received worldwide commercialization rights for Tau aggregation inhibitors. AC Immune received an upfront payment of CHF80M as well as $50M in exchange for a note, convertible to equity at a premium. AC Immune is also eligible to receive other milestone payments of up to CHF1.7B, and tiered royalty payments in the low double digits. Shares are up 3%
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News
- AC Immune SA (NASDAQ: ACIU) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- We Think AC Immune (NASDAQ:ACIU) Can Afford To Drive Business Growth [Yahoo! Finance]Yahoo! Finance
- Further weakness as AC Immune (NASDAQ:ACIU) drops 12% this week, taking three-year losses to 58% [Yahoo! Finance]Yahoo! Finance
- AC Immune Reports Full Year 2023 Financial Results and Provides a Corporate Update [Yahoo! Finance]Yahoo! Finance
- AC Immune Reports Full Year 2023 Financial Results and Provides a Corporate UpdateGlobeNewswire
ACIU
Earnings
- 11/3/23 - Miss
ACIU
Sec Filings
- 3/14/24 - Form F-3
- 3/14/24 - Form 6-K
- 3/14/24 - Form 20-F
- ACIU's page on the SEC website