the jda, page-18

this is from last years LOI

LOI sets out a program of technical evaluations that, if successful (yes it was), should lead to an initial 5 year alliance for the design and development of products.

If agreed development objectives are met and they commercialise, obj will grant a license and receive royalties for 5 years or patent life

So we are entering a 5 year development phase, more patients needed.

the agreement is a great step, but i would imagine no hurdle payment will be made as OBJ will get the FMCG to fund the development.