News Focus
News Focus
icon url

alertmeipp

08/10/10 9:48 PM

#101284 RE: rkrw #101282

We are reimbursed at cost for any fulltime
equivalent employee expenses as well as any external costs incurred in the development of products to the extent development costs are
born by Sandoz AG. Sandoz AG is responsible for funding all of the legal expenses incurred under the 2006 Collaboration; however a portion of
certain legal expenses will be offset against the profit-sharing amounts in proportion to our profit sharing interest. The parties will share profits
in varying proportions, depending on the product.
icon url

DewDiligence

08/10/10 9:54 PM

#101287 RE: rkrw #101282

If you read the details of the agreement it indicates the payback is split but this is on top of non disclosed amount.

Understood—please see my reply to dewophile in #msg-53188357.