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frrol

06/09/18 4:28 PM

#230335 RE: Here Today #230330

There would be no "stink bids", there would be serious CDA parties that subsequently contact Leo (he is no doubt managing commercial development) with interest in discussing licensing and then negotiations start with an attempt to get at terms, which would include DPDS (clinical development, production, distribution, sales) responsibilities, development milestones and $'s, and royalty percentages.