NEU 5.50% $16.15 neuren pharmaceuticals limited

Pipeline-in-a-drug, page-138

  1. 43 Posts.
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    You missed my point. Acadia has a veto right that it can monetize by threatening a veto, and then withdraw the veto in exchange for cash and/or participation. Baldwix was concerned that this veto right precludes all new indications. I am of the view that is not the case, and instead translates into Acadia having the power to get participation in one or more new indications, with the positive outcome that Neuren can still proceed. I understand that is not how you think it will play out GIARC63. However, I will not be surprised if that is how the veto right is successfully addressed.
 
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