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Post# of 402893
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Lemoncat

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Lemoncat

Re: steelyeye post# 391821

Monday, 08/01/2022 10:27:09 PM

Monday, August 01, 2022 10:27:09 PM

Post# of 402893
Yes.

$50M upfront + $200M milestones + 8% royalty = $0.70/share.

I expect the deal to look more like $5M-10M upfront + $70M milestones + 8% royalty with all development, sales, and manufacturing costs covered by the partner.

You have to keep in mind we have no leverage and virtually no ability to go it alone. $50M+ upfront is probably fantasy.

President and Chairman of the IPIX Bagholder's Club.
Don't listen to me...I've been buying IPIX since 2015.

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