Friday, March 08, 2024 5:37:51 PM
Did Humanigen have entitlement to sells revenue earned by our Korean partner, simply because we owned the IP? No.
Nor would Taran have entitlement to sells revenue earned by Humanigen.
We just haven't see the details yet regarding licensing, or a possible merger. What we DO know is that Taran did not submit a tender offer to buy Humanigen, which is the only way Taran could claim sells revenue. But again, as Asset Purchase Agreement is not a buy-out.
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