Catalyst

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Flamel Technologies acquires FSC Pediatrics

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FLML

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Additional Information

Additional Relevant Details Under the terms of the acquisition, Flamel will pay $20.25 million over a five year period to Deerfield for all of its equity interests in FSC Holdings. Whereby, Flamel will pay $1.05 million annually for five years and will make a final payment in January 2021 of $15.0 million. Flamel will also pay Deerfield a 15% royalty per annum on net sales of the current FSC products, up to $12.5 million for a period not exceeding ten years.  
http://www.flamel.co...
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Catalyst Date
Occurred on:
Feb 08, 2016
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