Ann: MGC Pharma Signs Agreement Targeting Anti-Viral Treatments, page-4

Haha oh man.

If it wasn't for the dramas around the covid-19 claim and suspension, the announcement in itself isn't actually that bad and is another agreement to add to the chain.

"
• Under the Agreement Micelle will supply MGC with the Product in bulk form, and MGC will manufacture and pack the finished Product
• MGC will lead the design and management of future clinical studies on the Product
• MGC will commit the necessary resources to set-up the production of the Product, based on future commercial wholesale supply agreements
• MGC will serve as a manufacturer and wholesaler of the finished Product in all countries worldwide.
• The Agreement is for an initial term of five years and thereafter automatically renews for an additional one year. Either Party may terminate the Agreement at the end of the initial term or any renewal term by written notice six months before the end of the initial term or renewal term. "

Looks to be a decent Agreement. Time will tell when we see the numbers.