Replies to post #423476 on NorthWest Biotherapeutics Inc (NWBO)

[biosectinvestor]

You are still incorrect. A preexisting contract that was previously disclosed does not have to be disclosed again. If either party terminated it it would be a material event that also would need to be reported, particularly if it is before they have an alternative provider in the US.

The existing contract had two arms to it: 1) production for the trials, which is done; and 2) an optional it’s claims that only kicks in upon approval, when they have terms to negotiate the costs of production for commercial sales.

They can in fact negotiate a confidential letter subject to the condition that they are approved, with terms listed some still to be finalized and provide that to a regulator. That is clearly sufficient to meet the obligations that we were discussing, which were not about current production but proof of capacity to scale upon approval.

So quit it with the overly dramatic, misdirection.

[Doc logic]

Gus McCrae,

Because NWBO is not a contract manufacturer they just need to show proof that manufacturing can be done to qualify for Project Orbis. If an NDA was signed to view some discussions between NWBO and a regulator about the potential need to have sufficient capacity for world wide demand for GBM and rGBM do you think that Charles Rivers Labs might be interested? NWBO received a substantial amount of money in convertible loans so is this potential collateral?
Gus, these folks appear to all be dancing around each other to keep this on the up and up so whether there is a hidden contract in place, multi party verbal understanding or letter of intent with heavy penalties for backing out I don’t know but something sure seems to be there between multiple parties and the lawyers know what it is and how to get the leverage they want.
In the past NWBO financed much of the buildout of Cognate and Advent/Sawston. The ramp up now is beyond them and the majority of risk seems to be falling on those who want an NDA protected potential business opportunity being prepared for. As MI Dendream might say, “it’s in the bag” ; ). Best wishes.

[vator]

“
Someone should call DI and ask him about the status of the Cognate/CRL agreement. “

I spoke to him about 18 months ago. He told me no NWBO assets at Cognate and no plans to manufacture there.

Things may have changed but I doubt it considering we own a facility to do the work.