Replies to post #732527 on NorthWest Biotherapeutics Inc (NWBO)

[XMaster2023]

An executory contract is an ongoing agreement between two parties who are responsible for completing certain obligations over a set period of time. They are written agreements that ensure each party is clear about their own and the other's responsibilities. One of the conditions of the agreement might in fact be the Agreement cannot be discussed with outside parties without the consent of the other party. This Agreement might never see the light of day.

[dennisdave]

you have never heard of any example like a BP signing a contract to partner a drug with a deal that is conditional based on approval

Of course I do. I have a great source. There is this poster here who claims to "know" everything there is to know about biotech and he said that in biotech it is very common for a small biotech to partner with BP on condition of approval. So if he said it then it must be true.

His quote, filled with wisdom:

Has anybody ever heard of a BP that had a conditional contract to partner
What I always hear is conditional milestones for trials, approvals and sales.

🤣 Are you sure you don't want to comment on the Anavex board? Their drug is for Alzheimer's kinda more your thing so it seems.

[dennisdave]

The whole point is that the contract NWBO signed with a BP IS conditional . The contract NWBO signed will be void, canceled and meaningless IF NWBO is not granted MHRA approval. That's the whole idea. You said it yourself conditional on approval.

Thinking is an art, often limited by Alzheimer