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Stock impact report

Healios extends agreement for a license to multistem therapy for indications in China [Seeking Alpha]

Athersys, Inc. (ATHX) 
Last athersys, inc. earnings: 11/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: athersys.com/press-releases
Company Research Source: Seeking Alpha
Athersys (NASDAQ: ATHX ) extends HEALIOS K.K.’s exclusive period to negotiate an option that would allow Healios to obtain a license for the development and commercialization of MultiStem therapy for certain indications in China. Healios has agreed to make a one-time $2M payment in December for an extension through June 30, 2019. Furthermore, Healios may make an additional payment of $3M to extend the negotiation period for another six months through December 31, 2019. All such payments would be creditable against the $15M option fee that would be payable by Healios upon execution of the China option agreement, and milestones for any licensed program, if applicable. Previously: Athersys expands collaboration with Healios; shares ahead 16% premarket (June 7) Click to subscribe to real-time analytics on ATHX Now read: Long-Term Outlook For Forty Seven Inc. » Subscribe for full text news in your inbox Show less Read more
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