Brief: Inventiva Gets $10 Mln Milestone Payment From CTTQ

Inventiva SA

08/07/2025 05:51

July 8 (Reuters) - Inventiva SA IVAA.PA:

THE COMPANY SAID ON MONDAY IT RECEIVED $10 MILLION MILESTONE PAYMENT FROM CHIA TAI-TIANQING PHARMACEUTICAL GROUP CO.

MILESTONE PAYMENT FOLLOWS THE SETTLEMENT OF THE SECOND TRANCHE OF €115.6 MILLION1 IN GROSS PROCEEDS OF THE PREVIOUSLY ANNOUNCED STRUCTURED FINANCING OF UP TO €348 MILLION

UNDER THE CTTQ LICENSE AGREEMENT, INVENTIVA IS ELIGIBLE TO RECEIVE UP TO AN ADDITIONAL $265 MILLION OF MILESTONE PAYMENTS, ROYALTIES

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