Financial Terms

Development Milestones

Payments triggered by clinical development achievements such as IND filing, Phase 1/2/3 initiation, Phase 2/3 data readout, or successful completion of pivotal trials.

Related Terms

Milestone Payment

Contingent payments triggered by the achievement of specific development, regulatory, or commercial events. Milestones align incentives and reduce risk for licensees.

Clinical Milestones

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