By Josh Beckerman
Arcturus Therapeutics Holdings Inc. shares rose 26% to $23.10 after hours as the company announced a vaccine collaboration with CSL Ltd.'s CSL Seqirus.
Arcturus will receive $200 million upfront and is eligible to receive over $1.3 billion in development milestones and more than $3 billion in commercial milestones.
In addition, it is eligible to receive a 40% net profit share for Covid-19 vaccine products and up to double-digit royalties for certain other vaccines.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
11-01-22 1912ET