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BRIEF-Anika announces $5 mln milestone payment from U.S. commercial sales of Monovisc
July 17, 2017 / 8:20 PM / 9 days ago

BRIEF-Anika announces $5 mln milestone payment from U.S. commercial sales of Monovisc

1 Min Read

July 17 (Reuters) - Anika Therapeutics Inc

* Anika announces $5 million milestone payment from U.S. Commercial sales of Monovisc

* Sees Q2 2017 revenue up 23 to 26 percent

* Anika - Milestone payment triggered by Monovisc achieving $100 million in U.S. end-user sales within consecutive 12-month period at end of June

* Anika Therapeutics Inc - Company will recognize milestone payment as revenue in Q2 of 2017

* Q2 revenue view $27.2 million -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage:

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