RAC 2.11% $1.45 race oncology ltd

CPACS: Research, Results, Market Comparisons, and Valuations, page-252

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    What I am finding says it was a 50/50 Profit split.

    I have put a link from the announcement and then asked ChatGPT that very specific question. Here is the response;

    "The agreement between Janssen and Pharmacyclics was indeed a **50/50 profit split**, where both companies equally shared profits and losses related to the development and commercialization of PCI-32765 (Ibrutinib). This profit-sharing approach differed from a traditional royalty-based structure."

    https://www.jnj.com/media-center/press-releases/janssen-biotech-inc-announces-collaborative-development-and-worldwide-license-agreement-for-investigational-anti-cancer-drug-pci-32765

    https://hotcopper.com.au/data/attachments/6443/6443636-6cc786aa246529a3c9738eaa4a85a9a7.jpg
    Last edited by ttppxx: 08/09/24
 
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