Thursday, December 07, 2006 10:36:36 AM
I was convinced after reading the jury decision that the royalties were for both past and future net sales, but Lazard states the the jury award is for past sales.
Is it just me who is confused. If Lazard is right, does that mean that the judge can/will set further penalties based on future sales? In essence apply the juries %15/%20 royalties to futures. Or is the $7.5 million plus %15 on past sales the penalty igoring possible injunciton/penalties regarding the willfull infringement.
My basic question is what is the probabality/or fact the Insmed will have to pay the 15%-20% royalties on future net sales??
TIA
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