AVR 1.91% $18.00 anteris technologies ltd

Ann: CardioCel and VascuCel rights sold to LeMaitre Vascular, page-108

  1. 3,122 Posts.
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    "Sounds like we sold the entire thing but get to manufacture for 3 years."
    That's an interesting observation bhs. The announcement states that "Admedus retains manufacturing rights for up to three years" and "Admedus retains sole-control on all intellectual property for the underlying ADAPT technology".
    It does beg the question of what happens after 3 years. Hopefully it will be a successful partnership and will continue for many more years. Reminds me of the old story of going to the dentist and as he is about to start drilling you take a firm grip of his private parts and say - now were not going to hurt each other are we. I think there will need to be a lot of trust between the companies.

 
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