We get paid up front for supply - a third party takes their slice from the price determined by the payer per use - the third party gets paid by the payer.
Is this indicative of the cycle you suggest?
Or we order from Lonza- Third Party pays Lonza- Payer pays Third Party- Third Party pays us.
If the agreed payer price is $700,000 then potentially there are numerous kick backs/rebates in the chain??
Do we have cost of goods PLUS various rebates along the supply chain?
No wonder a straight royalty per sale through an established big pharma is preferable in this area.
Apologies for rambling people- we are going it alone- potentially with Clbp in the US too.
How does it work??
Back pain payment is easy- pay x- we inject- done.
Life threatening treatment with 50% survival- different story- how does it work?
Reg - I will shut up now, good night
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