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Friday, September 28, 2018 12:19:32 PM
Number 1: Partner can reserve the right to approve how the upfront payment is used plus include a clawback clause in the agreement to make certain that it's wishes will be followed.
Number 2: Partner will take over any further production, development and commercialization of Brilacidin for SOM and IBD. Upfront payment would in this case be non-assigned and non-applicable towards future payables (milestones, royalties) to IPIX AND significantly smaller than in case no 1.
"I would rather have questions that can't be answered than answers that can't be questioned." Richard P. Feynman
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