Replies to post #3797 on Insmed Inc (INSM)

[ThomasS]

It doesn't matter whose product is better when it comes to patents.

[nbm16yankees]

RTN,
Thank you for all your hard work and research and supplying the board with info and answers to questions. Now I will ask your indulgence to clarify a few items, as best you can.
The award is for $7.5 million and 15% of first $100 million and 20% of next $100 million in sales. OK here come the questions::::::

#1 Is $42.5 million the absolute highest total due? or

#2 Is there going to be 15% and 20% on each year's revenues?

#3 How much revenue has been produced so far?

#4 If there is not $200 million in revenue so far, would they still be required to escrow the $35 Million in anticipation or would they only have to place in escrow that % of present revenues and not deposit additional amounts until say every qtr?
And last...

#5 Does the company have any insurance that would cover these infringement fees?

Thanks in advance.