Merrimack Pharma (MACK) Misses Q4 EPS by 4c
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Merrimack Reports Fourth Quarter and Full-Year 2016 Financial Results
March 1, 2017 7:04 AM ESTCAMBRIDGE, Mass., March 1, 2017 /PRNewswire/ --Â Merrimack Pharmaceuticals, Inc. (NASDAQ: MACK) today announced its fourth quarter and full year 2016 financial results for the period ended December 31, 2016.
Key Recent Events
As announced on January 8, 2017, Merrimack entered into an asset purchase and sale agreement with Ipsen S.A. under which Merrimack will sell ONIVYDE® and its generic version of doxorubicin hydrochloride (HCI) liposome injection to Ipsen for up to $1.025 billion, plus up to $33.0 million in net milestone payments retained by Merrimack pursuant to Merrimack's license and collaboration agreement with... More
