A New Royalty Stream For PDL Bio (PDLI)

Jul 4

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Reblogged from 24/7 Wall St.:

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PDL BioPharma, Inc. (NASDAQ: PDLI) appears to have a new royalty stream coming its way.  The company announced this morning that it is now set to start receiving royalty payments from Roche's Genentech unit on sales of Pertuzumab.

Genentech has now notified PDL that Pertuzumab, which will be marketed under the brand name Perjeta, is a royalty license product. 

Read more… 267 more words

About heloise8

Meaning of "trough" -- Trough is the bottom of a transverse wave. And generically means a low point or a place to fill. Venus is related to this meaning. Veins are to be filled, and venusian people are loving. The left is more venusian than the right, hence The Trough--where Heloise helps the great and the small. Heloise the politico from Blogcritics.org. Physics preacher, blogger, gardener, beach lover, book lover, writer, author.

Posted on July 4, 2012, in Uncategorized. Bookmark the permalink. Leave a Comment.

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