BTA 0.00% 57.0¢ biota holdings limited

biota: 7 % royalty on china-sales, page-2

  1. 402 Posts.
    There seems to be a lack of clear communication between GSK and Biota on the China deal as Lismore is not clear with his response i.e. "OUR RIGHTS REQUIRE GSK TO PAY 7 PER CENT OF ALL SALES BY SIMCERE AND THIS SHOULD FALL INTO THE NORMAL QUARTERLY REPORTING OF RELENZA ROYALTIES.
    HOPE THIS HELPS. Damian"

    A better answer whould have been YES WE WILL RECIEVE 7% OF ....

    Perhaps all will be know in 2 days time when Biota report.

 
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