from the audited accounts!!!
Commercial Activities
Genentech
In December 2015, Phylogica announced an extension to its research collaboration with Genentech, a subsidiary of the Roche group, to discover novel antibiotics to treat drug resistant superbugs. Under the terms of the agreement Phylogica received an upfront payment of US$500,000 (~AU $598,000) and is eligible to receive discovery, development, and c.....
Talk about fwd looking statements - we havent even got there yet. just another audited accounts error.
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