biotech daily' take on virax announcement, page-2

So Im assuming that Virax will get 10% of the $10million euro non refundable deposit that Transgene will recieve?
$1million euros is a nice bit of pocket money :)

Thats almost a 10% increase in Market Cap!

Just imagine what the market cap will look like when Novartis innevitably aquire exclusive worldwide licence and Transgene recieves a further $700million euros, with $70million of that going to Virax.

And it could happen at any time!!!