Development, Exclusivity And Option Products Agreement (Details) $ in Millions |
6 Months Ended |
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Jun. 30, 2021
USD ($)
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Development Exclusivity And Option Products Agreement [Abstract] | |
Agreement, description | Pursuant to the Agreement, CollPlant granted to AbbVie and its affiliates, a license and worldwide exclusive rights to use its rhCollagen, for the production and commercialization of dermal and soft tissue filler products ("Exclusive Products"). With respect to the license, CollPlant received a $14 million upfront cash payment and is entitled to receive up to additional $36 million in proceeds upon the achievement of certain development, clinical trial, regulatory and commercial sale milestones. |
Upfront cash payment | $ 14 |
Commercial sale milestones | $ 36 |
Commercial sale | 10 years |
Written notice period | 60 days |
Estimated transaction price | $ 14 |
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- Definition Commercial sale. No definition available.
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- References No definition available.
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- Definition Upfront Cash payment. No definition available.
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- Definition Written notice period. No definition available.
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- Definition Amount of increase (decrease) in standardized measure of discounted future net cash flow as a result of change in estimated future development costs. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition A description of the commitments for license agreements that have been executed but were not reported because they do not meet the conditions for recording a liability. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of additional paid-in capital (APIC) classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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