GTG genetic technologies limited

trading halt, page-9

  1. 1,154 Posts.
    I talked to gtg yesterday. They wanted to release more info but were bound by the confidentiality agreement.

    The deal will include cash and licence agreements and supply agreements for Applera products. I cannot imagine Merv being generous to Applera. The comment at the AGM was that it was a very good deal for GTG.

    Merv's aim is to realise the value of the patents. I cannot image him depreciating it by giving a licence cheaply. If he did, it would to every companies advantage to follow Applera's lead one after the other until the patents expire.

    G
 
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