#msg-4107224 Original IP license for Protexia (2004) #msg-22544066 Protexia process and purification agreement #msg-17826727 IP license expanded to all uses of Protexia #msg-18433447 Protexia program in Alzheimer’s disease
-- What are the economics of the relationship for GTC?
GTC has not disclosed the economic terms of the PharmAthene relationship; however, Dr. Cox did provide some color in reply to a question on GTC’s 4Q06 CC (#msg-17607391). Based on that, I think it’s conservative to assume that GTC stands to earn a mid-single-digit royalty on the sales of Protexia. The PharmAthene relationship could thus generate a non-trivial income stream for GTC, especially if the Protexia program in Alzheimer’s disease were to pan out.