Aruc, no, a deal could be easily signed simply based on condition of efficacy, for an initial period.
It's very different in Japan where phase III trials are not needed for commercialisation. Many clients will want to get in early before anyone else does, with a favourable deal. This actually could have a downside for RGS only in that if the product does turn out to be a real winner, then they could uniwttingly undersell the value.
RGS Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
