NorthWest Biotherapeutics Inc (NWBO): the Company is required to pay certain...

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anders2211

Re: kabunushi post# 405889

Friday, 10/01/2021 8:24:45 AM

Friday, October 01, 2021 8:24:45 AM

the Company is required to pay certain fees for dedicated production capacity reserved exclusively for DCVax production, and pay for manufacturing of DCVax-L products for a certain minimum number of patients, whether or not the Company fully utilizes the dedicated capacity and number of patients. Either party may terminate the MSA on twelve months’ notice, to allow for transition arrangements by both parties.

You mean both parties with the same CEO LP vs LP? which one has the interest to keep the payments coming to build the CDMO? Without the CDMO even being certified. If you would take this to any independent certified financial auditor he/she would point to his/her forehead, nuts.

Even if Toucan would remain the owner of Advent then at least they could have replaced her as the CEO of Advent to avoid the impression of self-interest.