UMich Sells Royalties to FluMist Nasal Vaccine to Drug Royalty Corp. for $35M

July 16, 2007

By Ben Butkus

Despite FluMist’s money-making potential — the vaccine could eventually provide DRC with up to $5 million in annual royalties — UM decided to sell its stake in the product to further its efforts in vaccine research, public health, and industry collaboration.

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UMich Sells Royalties to FluMist Nasal Vaccine to Drug Royalty Corp. for $35M

In this issue of Biotech Transfer Week

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