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opportunityknocking

05/14/08 10:55 AM

#13624 RE: was Gyro #13623

This would appear that they are in heavy negotiations and are making sure that the terms on royalties with previous licensees remain airtight for at least another 6 1/2 years. Something is up.
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Ted F

05/14/08 10:57 AM

#13625 RE: was Gyro #13623

You are correct, Gyro. The announcement today is only a follow up to the request made by BOCX on the last updated S-1 filing. I don't see anything to get too excited about.

From that filing:

10.5 License Agreement with Inverness
Medical Research (portions of
Exhibit 10.5 have been omitted
pursuant to a request for confidential
treatment)