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Re: worktoplay post# 16934

Wednesday, 08/18/2004 11:51:22 PM

Wednesday, August 18, 2004 11:51:22 PM

Post# of 82595
worktoplay, Does the Option specify licensing?

I was under the impression that it pertained to exclusive rights and was a right of first refusal to actually own the product outright.

Obviously if DNAP doesn't offer the product then no one can exercise the option. On the other hand if they never offer a product, then the option will always be in play. Do you think DNAP is going to commercialize every product in house?

The concensus opinion a few years ago suggested that DNAP would use Retinome to force the option issue so that when Statnome was ready, the option would be out of the picture.

It will be interesting to see how the strategy plays out now.

regards,
frog