[Updated for restructuring of Tyzeka relationship with Novartis.]
1. Effective 9/28/07, NVS is responsible for worldwide marketing and clinical development of Tyzeka/Sebivo and will book sales in all jurisdictions. IDIX will receive a royalty on worldwide sales and has no responsibilities whatsoever.
2. IDIX’s HIV and HCV drugs are non-partnered. NVS has the option to license these drugs on mutually agreeable terms before the drugs are offered to another prospective partner. NVS’ opt-in/opt-out decision will likely be made following the end of phase-2a.
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