InvestorsHub Logo
Followers 29
Posts 9421
Boards Moderated 0
Alias Born 04/30/2006

Re: erthang post# 6184

Friday, 11/03/2006 5:51:24 PM

Friday, November 03, 2006 5:51:24 PM

Post# of 30387
Erthang, when I read that Moro had been unable to make additional license deals because it would detract from future royalties, you immediately know that Abbott has a "me too" clause in their contract. If someone else is given less royalties, Abbott gets the same rate. Abbott wants anyone else making a deal to have to pay Moro the up front money he needs and also pay the same royalties. No one is taking that deal. Maybe after Abbott gets the test on the market, someone else would do a license and just use a 510k for approval. Anyway it goes, no one else wants to have a higher start up cost than Abbott.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.