Brief: Harris and Harris receives $2.1 mln milestone payment from Amgen

180 Degree Capital

28/12/2015 17:29

Dec 28 (Reuters) - Harris and Harris Group Inc  TINY.O : 
 * Harris & Harris Group announces receipt of milestone payment from acquisition 
   of Biovex group by Amgen 
 * Says received payment of approximately $2.1 million following achievement of 
   a certain undisclosed milestone 
 * Says could receive up to an additional $5.4 million upon the achievement of 
   additional undisclosed milestones 
 * Says payment increases its total gross proceeds from the sale to 
approximately $12.8 million 
 
 * Source text for Eikon [ID: nGNXMIYWFa] 
 * Further company coverage  TINY.O   
 ((Bengaluru Newsroom; +1 646 223 8780))