PYC pyc therapeutics limited

Janssen aniversary, page-4

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    Correct Peter, see below.

    Just looking over my email notes from Nick Woolf. This one dated 14/09/2012.

    http://hotcopper.com.au/post_single.asp?fid=1&tid=1830793&msgid=10679537

    I'm expecting to see some chunky payments come through very soon with the first being Janssen's this month. We should easily surpass $10M in payments this year but as always and happy to see how this unfolds. As the thread title says buy, buy, buy!!

    Hi Tony,

    This is a well thought out post. I'm reluctant to comment specifically but I would remind the market that we are aiming to close deals in the near term that have upfronts. Also, we are hoping for substantial payments from Pfizer and Roche/Genentech if they decide to exercise their options to license. The next scheduled payment from Janssen is chunky and comes on the 12-month anniversary.

    Nick
 
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