Followers | 829 |
Posts | 119628 |
Boards Moderated | 14 |
Alias Born | 09/05/2002 |
Wednesday, January 11, 2017 9:49:34 AM
To trigger the 50% profit-sharing option, MNTA would have to opt in quite soon, according to CW’s statement on the 1/5/17 CC announcing the CSL deal. Under this scenario, MNTA would receive few, if any, development-based milestone payments for M230.
For the distinct 30% profit-sharing option, MNTA can opt-in at a later (undisclosed) stage of development. In this case, MNTA would get to keep any development-based milestone payments already received by the date of the opt-in.
Under either opt-in scenario, MNTA would forgo sales-based milestone payments (as you noted).
“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM