https://finance.yahoo.com/news/arena-pharmaceuticals-united-…
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Arena will receive $800M upfront, and is eligible to receive low double-digit tiered royalties, plus up to $400M in milestone payments
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United Therapeutics will receive exclusive, worldwide rights to ralinepag - a potential best-in-class agent for the treatment of pulmonary arterial hypertension
Up 17% pre market.
Cheers,
WM33