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Sparks commentary - Basilea Pharmaceutica

Healthcare

Sparks - Basilea Pharmaceutica

More on this equity
misael-moreno-fN6K30xtiKE-unsplash-Basilea
Basilea (SIX: BSLN) bags a US$2.5m milestone payment
Published by Arron Aatkar, PhD

Basilea has announced another milestone payment from its license partner Pfizer in the Asia Pacific region and China for strong Cresemba sales. Notably, the US$2.5m milestone payment is the first of 2025 in Asia Pacific and China, and twice the value of prior milestone payments from Pfizer for this region.

As a reminder, the license agreement between Basilea and Pfizer for Cresemba covers Europe (excluding the Nordic countries), China and 16 countries in the Asia Pacific region.

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