One may be concerned that we only received 1.144 million from Temcell. Is Rux. eating into revenue?
It would appear that Japan is not taking up Rux. In 2020 revenue was around 1.65 million per quarter, this would suggest a substantial decrease however Temcell is sold in Japan yen. If you were to take the last reported royalties and convert that back to the $US 2020 exchange rate our revenue would be US $1.71 million . Given the effect of exchange rates and COVID , Rux has had no effect.
Just a side note revenue should now be going up yen up nearly 10% against US $ .
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-130
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