AJX 0.00% 0.9¢ alexium international group limited

Ann: Appendix 4C - quarterly, page-45

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    lightbulb Created with Sketch. 25
    A good write up for sure.

    “ICL will be granted sole manufacturing, marketing and sales rights to the Alexium NF product globally”

    Surely they will negotiate a good decent upfront payment for these significant NF rights to be given away!? Much like a biotech would with big pharma and even get ICL to take a10% stake in the company as a way to raise some cash. Hopefully it won’t be too long before we finally see a decent licensing agreement. I recall a few years ago both GR and NC saying an agreement was imminent. Yeah right!
 
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