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DewDiligence

03/26/12 12:02 AM

#8809 RE: jbog #8808

Does this mean that we just figured out that a contract between two parties can be amended.

No, it means (if Bernstein is to be believed) that MNTA and NVS have actually held discussions about such an amendment.
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GrthzGd

03/30/12 11:32 AM

#8821 RE: jbog #8808

It wouldn't be an amendment per se, but a clarification. As I stated here at one point, the royalty potentially could be reversed based on an argument as to good faith if the issue wasn't specifically addressed by the parties in drafting the contract.