Biotech Values

[DewDiligence]

I also expect that the royalties will be divided under provisions of the contract with Sandoz… Best guess is that the royalties get divided just like profits. IF they are NOT divided then I would think Sandoz gets all of the royalties.

What the NVS-MNTA 2003 Lovenox agreement says on this matter, if anything, is close to irrelevant. Why? Because there can’t be an out-of-court settlement of the lawsuit against Amphastar unless both NVS and MNTA agree to the settlement terms.

From a practical standpoint, therefore, the division between NVS and MNTA of the economic spoils from the settlement will be negotiated de novo.