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Re: Serenity3 post# 11964

Sunday, 06/18/2017 4:07:26 PM

Sunday, June 18, 2017 4:07:26 PM

Post# of 16885
Agree totally about the larger company point. Titan fell for the promise of a $50 million milestone upon FDA approval from an unknown, unproven development stage start-up that was willing to pay it because they had nothing else to sell. Big Pharma would have licensed as well, but for less money upfront. As it turns out, Titan lost the big upfront payoff due to renegotiation of the license agreement after the CRL.


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