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PJ007

02/14/20 1:18 PM

#282012 RE: JTORENCE #282010

This won't be a factor if we have more than one Pharma Co competing for our science...IPIX will be in the driver's seat...LW will make it happen!!!

djs7

02/14/20 1:24 PM

#282014 RE: JTORENCE #282010

Jan 29 it was stated Locust Walk was leading negotiations for BOM.

It may well be there are multiple regional licenses in play for BOM.

This would lessen the risk for each parties trial cost and upfront payment as the cost is spread out over multiple parties.

Could allow for a decent upfront in total.

Let's wait and see how this plays out...

And who knows, after the B-UC Phase 1, maybe Locust Walk will be entering a second asset negotiation.

CallMeCrazy

02/14/20 1:59 PM

#282023 RE: JTORENCE #282010

Any "potential partner" will also understand that, even if their low ball offer is accepted, Alfasigma has the right-of-first-refusal.

This right-of-first-refusal (B-UC/CD) creates a dilemma for potential partners in that they might have to craft an offer which gives IPIX more than they'd like in order to motivate Alfasigma to refuse the offer.

Leo's first deal (B-UPS) didn't have this right-of-first-refusal feature floating in the background or Locust Walk doing the negotiating.

Message in reply to:
Lemon this is another straw against Leo in negotiating a deal. Potential partner will see how desperate he is and low ball their offer just like the first deal that he gave away at garage SALE PRICES.IMO





TheDane

02/14/20 2:11 PM

#282029 RE: JTORENCE #282010

Wow! Why didn’t I see this before? Need to follow more geniuses on the board! :-D ! Go Leo!