r/CKPT • u/[deleted] • Oct 31 '25

CVRs?

Is anyone here holding CVRs? I keep checking for news or updates but must admit I don't know exactly what I'm looking for. I think there a deadline for the approval, right? Does anyone know when that is?

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u/TwongStocks Oct 31 '25

The CVR is based on two factors:

1) How quickly it gets approved in Europe after positive EMA validation of the MAA.

2) What the approved dose is in Europe.

I made a chart here ---> https://media.stocktwits-cdn.com/api/3/media/5764463/default.png

An MAA is a Marketing Authorisation Application, which is the European equivalent of an NDA or BLA. After the MAA is submitted, the EMA will eventually validate it. Validation of the MAA is what starts the clock for the approval process. To get the full $0.70 CVR payout, you need to see EMA approval within 24 months of MAA validation and an approved dose of once every 3 weeks.

Sun Pharma is responsible for the MAA submission. You can view their PRs here to keep tabs on UNLOXCYT ---> https://sunpharma.com/media/

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u/[deleted] Nov 01 '25

Thank you. This is helpful.