Sunday, January 11, 2004 6:06:37 PM
Here are the facts as I understand them, feel free to correct them.
-There was a 6 month option granted to Orchid in exchange for their support at the beginning of DNAP's existence.
-The option allowed Orchid to match any offer for DNAP's first product. (developed on their own)
-There has not been a product that meets the criteria for the option yet.
-The option has transfered to Beckman Coulter.
-Beckman Coulter is an instrument manufacturer.
-The impending option has been an obstacle to forming partnerships.
-There has not been a public announcement from DNAP regarding the change of ownership of the option.
As I said, these are the facts as I understand them, if they are incorrect I would certainly appreciate your input. Given these facts, I don't think there was any opinion expressed.
regards,
frog
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