Thursday, October 07, 2021 9:21:55 PM
- BP equity investment of $200 mio upfront, with further milestone payments based on sales of up to $750 mio.
The Pfizer deal was similar with $185 mio upfront and milestone payments of up to $750 mio.
- Royalties of sales are split 50/50. BP is responsible for all further development and mass production of Brilacidin. Those cost will be deducted in full from the sales split.
Again, this is similar to the Pfizer deal structure. There it was:
Remember, at the time of the deal the BioNTech vaccine was pre-clinical, we would close our deal after our clinical tests!
The BP could get a fully vetted solution just weeks away from EUA. Furthermore, Covid19 is obviously just the start. Our pipeline is already massive with candidates in Phase 2 trials (IBD) or even ready for Phase 3 (OM and ABSII). Aside from those already in development, imagine what a deep-pocketed BP could get out of Brilacidin in the coming years! From COPD to common cold, maybe even from Alzheimer to Fibromyalgia, the sky's the limit!
The financial risk for the BP is minimal and the upside potential unlimited.
Also, it guarantees that no other BP can get its hand on it!
This IMHO sounds like a deal both sides could be excited about!
Go IPIX!
Recent IPIX News
- Form 8-K - Current report • Edgar (US Regulatory) • 02/01/2024 01:30:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/05/2023 09:25:58 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:05:44 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/15/2023 01:00:19 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/30/2023 08:15:25 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 09/28/2023 01:00:08 PM
Green Leaf Innovations, Inc. Engages Olayinka Oyebola & Co for Two-Year Audit • GRLF • May 28, 2024 8:30 AM
HealthLynked Introduces AI-Powered Chat Function to Enhance Healthcare Accessibility • HLYK • May 28, 2024 8:00 AM
Avant Technologies Engages Wired4Tech to Evaluate the Performance of Next Generation AI Server Technology • AVAI • May 23, 2024 8:00 AM
Branded Legacy, Inc. Unveils Collaboration with Celebrity Tattoo Artist Kat Tat for New Tattoo Aftercare Product • BLEG • May 22, 2024 8:30 AM
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM