Monday, November 20, 2017 4:50:58 PM
Next to nothing unless it has great commercial need and then still next to nothing. Stanford can license it out to others for HIV/Cancer, etc.
"On January 19, 2017, the Company entered into a second license agreement with Stanford, pursuant to which Stanford has granted to the Company a revenue-bearing, world-wide right and exclusive license, with the right to grant sublicenses (on certain conditions), under certain patent rights and related technology for the use of “Bryostatin Compounds and Methods of Preparing the Same,” or synthesized bryostatin, for use in the treatment of neurological diseases, cognitive dysfunction and psychiatric disorders, for the life of the licensed patents. The Company paid Stanford $70,000 upon executing the license and is obligated to pay an additional $10,000 annually as a license maintenance fee. In addition, based upon certain milestones, the Company will be obligated to pay up to an additional $2.1 million and between 1.5% and 4.5% royalty payments on certain revenues generated by the Company relating to the licensed technology"
http://secfilings.nasdaq.com/filingFrameset.asp?FilingID=12360326&RcvdDate=11/3/2017&CoName=NEUROTROPE%2C%20INC.&FormType=10-Q&View=html
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