AVE avecho biotechnology limited

Ann: Avecho & Sandoz Sign Deal to Develop CBD for Insomnia in AUS, page-109

  1. 5,399 Posts.
    lightbulb Created with Sketch. 10020
    not yet imo breaking system

    the exclusive joint development and license agreement across 10yrs in 'australia' for the insomnia market is 10x 235/255 million annually at 2024 numbers
    I believe we'll find that US 3 million is a down payment for that exclusive access on the US 16 million development milestone payments prior to commercialisation in Aus.

    Dr Paul has negotiated a solid agreement it seems - Sandoz Group AG understand the 'opportunity' this drug if successful presents

    gotta let the details soak out across markets
    just my view of course



 
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