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Re: quantumdot post# 11989

Monday, 06/23/2008 10:50:41 AM

Monday, June 23, 2008 10:50:41 AM

Post# of 19309
>do Ovation effectively have first right of refusal on all ATryn applications in US now?<

Correct.

>If so it seems like a very cheap call option.<

With respect to HD and CABG/HR, the deal is more than a call option because there are contractual performance requirements for Ovation to retain its license. For DIC and acquired-deficiency indications other than CABG/HR, Ovation effectively has a call option.

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