I believe MLA have UK Distribution.
With regard to the profit split, my experience with other stocks in the Biotech industry is that the Manufacturer and Distributor/Marketer typically gets the lions share of the spoils, while the licensor picks up trailing royalties.
And as per the recent The Wise Owl report:
"The Concord Hospital contract remains in place, but additional local uptake has been slower than expected. In the absence of a US licensing deal, we estimate at least 17 new domestic hospital contracts will be needed for Analytica to reach a self-funding position."
This to me suggests that the split does indeed favour MLA in line with how traditional Licensor/Licensee arrangements might operate.
Add to My Watchlist
What is My Watchlist?