Royalty Purchase Agreement (Details) - RTW Investments, LP - Strategic Financing Agreements $ in Millions |
Mar. 27, 2023
USD ($)
|
---|---|
Royalty Purchase Agreement | |
Funding received from sale of product rights | $ 75.0 |
Up to $500 million | |
Royalty Purchase Agreement | |
Future payment as a percentage of aggregate net sales | 7.00% |
Threshold amount of annual aggregate net sales | $ 500.0 |
Additional future payment as a percentage of aggregate net sales | 9.50% |
Above $800 million | |
Royalty Purchase Agreement | |
Future payment as a percentage of aggregate net sales | 1.00% |
Threshold amount of annual aggregate net sales | $ 800.0 |
Minimum | Above $500 million | |
Royalty Purchase Agreement | |
Future payment as a percentage of aggregate net sales | 4.00% |
Threshold amount of annual aggregate net sales | $ 500.0 |
Maximum | Up to $800 million | |
Royalty Purchase Agreement | |
Future payment as a percentage of aggregate net sales | 4.00% |
Threshold amount of annual aggregate net sales | $ 800.0 |