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frosr6

08/18/17 10:39 AM

#73908 RE: JODI1 #73905

Oh? Well they already lost it.

The licensors have rights to terminate the license if the annuity and upkeep fees are not paid to Bavarian Nordic, there is not proper reporting or there is not a clearly documented effort to commercialize this technology. The term of the Bavarian Nordic/GSF License Agreement expired on March 27, 2017, and the parties are currently negotiating an extension.

https://www.sec.gov/Archives/edgar/data/1157075/000168316817001881/pharmacyte_10k-043017.htm