Up to $A3.73M if gross revenue from LeMaitre CardioCel® and VascuCel® product sales exceed $A29.8M in the first 12 months or $A1.8M if gross revenue from product sales exceed $A22.4M in the first 12 months
Up to $A3.73M if gross revenue from LeMaitre CardioCel® and VascuCel® product sales exceed $A44.7M in the second 12 months or $A1.8M if gross revenue from product sales exceed $A33.5M in the second 12 months
Gross revenue - the catch word
Who fix the price of the product? I think it’s LeMaitre.
Wouldn’t they like to provide heavy discount to the product purchasers? In doing so, not only the product get sold like a hot cake (with their marketing channel) and make greater awareness about the product but also do not need to pay AHZ a buck.
I highly doubt AHZ will get any coins from this arrangement.
cheers
Ann: Appendix 4C - quarterly, page-114
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