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RedHill Biopharma Signs New $1.8 Million Plus Sales Royalties Middle East Deal For Talicia®

The deal aims to accelerate Talicia's entry into new Middle East markets Under the terms of the agreement RedHill will receive 500,000inguaranteedpayments,includinga500,000 in guaranteed payments, including a 250,000 upfront payment and 250,000infixedpaymentsduewithin18months,plusaminimumof250,000 in fixed payments due within 18 months, plus a minimum of 1.3 million in near- term potential milestone payments, as well as tiered royalties up to mid-teens percent on Talicia net sales Talicia is the only FDA-approved all-in-one, low-dose rifabutin-based therapy to address H. pylori antibiotic re ...