I also don't buy Sillazze's view that Torreya has simply been...

I also don't buy Sillazze's view that Torreya has simply been retained to hide the current arrangements with Acadia. RT highlighted that Torreya are on a success fee, which suggests that it they don't deliver, they don't get other than their base. There is no way we should expect to know the intricate details of the Acadia deal without even allowing for the fact that so many possible licensing deals are currently being negotiated. Anyway, can you hide something that is already hidden?

Hi friend,do you not find the fact that the clause is particularly explicit and circumscribed in the contract entered into with Acadia for Trofinetide? :

If Neuren decides to initiate a Change of Control procedure or transaction, then before starting any discussion or negotiation with a Third Party, but in any case not beyond the involvement of a consultant or investment banker to recommend a Change of Control, Neuren will notify ACADIA of initiating the process or transaction and allow ACADIA to participate in this process or negotiate under the same conditions applicable to all other participants in that process or transaction.

in the end, after all, Acadia has the advantage over everyone and therefore Torreya can do nothing but a simple advice that from my point of view is useless because Neuren already knows very well how much his rights on trophetide outside North America are worth and even more so the full cabin.as I see it, I only smoke in the eyes to obscure the already very defined agreements with Acadia or for her.