TIS tissue therapies limited

Ann: Investor Update , page-7

  1. 809 Posts.
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    It's good to see the advantages of this deal spelled out by the management. Adds some credibility to the discussions on this forum.


    from the announcement....
    'Compared to a traditional healthcare licensing agreement, the combination of the above
    partnerships will optimise the requisite skill sets and provide a number of commercially
    important advantages to Tissue Therapies including:
    • Tissue Therapies will retain control of launch plans, messaging, promotions,
    literature, advertising, sampling and individual country launches.
    • Tissue Therapies will retain a higher % of net income.
    • The sales staff will be focused exclusively on Tissue Therapies and selling
    VitroGro® ECM. They will not be selling a large portfolio of products of which
    VitroGro® ECM will be only one.
    • The potential threats to VitroGro® ECM sales of a large partner’s competing internal
    corporate strategies and changing priorities are avoided.
    • Tissue Therapies retains complete flexibility to enter into other commercial
    arrangements for global sales of VitroGro® ECM in the EU and globally.
 
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