One explanation for no royalties could be that the contract also states that by the time those royalties would be due, Medtronic would just be paying it to themselves. If acquisition is among the numerous redactions, there was no need for adding royalties into the contract.
Message in reply to: McNally will either have to get this going sooner then later or explain why he didn’t get royalties for the IP on the Medtronic deal.
The lack of securing royalties, IMO (and based off of what is public knowledge) is a major breach of an executive’s responsibility and will need to be explained to garner a yes vote to remain on the board.
News 
Market Data 
Discover 
