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Deewar25

01/06/11 1:44 AM

#1938 RE: The Rainmaker #1931

how do you know exactly what the royalties are? They are usually a percentage of sales over x number of years or indefinitely, not a fixed sum. In reading this:

So far, Viropro has focused on the development of a biosimilar version of Rituximab and has already reached an agreement for the manufacturing and sale of this biosimilar with Intas Biopharmaceuticals. The company is in discussions with three other groups for agreements that would represent revenues USD 6.9 million.

Moreover, Intas plans to market its generic Rituximab within the next 12-18 months, which means royalties will be payable to Viropro starting in FY2012.

Moreover = in addition, furthermore - that 'sounds' totally independent to me. I could be wrong, but perhaps if you are so sure its included, you could show other examples or explanations that prove your assumption.