Hi Folks, I haven’t posted here for a while but following closely the final closing of the NVS deal.
If we managed to analyze the data in 2 to 3 months, I believe NVS can do likewise in the same time frame. IMO the “other conditions” our CEO refers to are included in the minutes of the meeting. Given their importance he chose not reveal the strongpoints of the discussion in the latest announcement. Verbatim disclosure is safer -protects from down ramping- and precise. It will define the path forward, related cost and hence accurately the milestone payments (ref Grunenthal agreement).
To my mind it’s not longer a question of if or when the agreement will be closed, rather how much NVS will have to pay us. This in itself takes time as this type of agreement is always verbose, full of “notwithstanding”, “provided that”, “to the extent”… all subject to interpretation. More a legal matter than science since the trial results are nothing short of stellar!
Have a nice Sunday (11:30 here) and stay safe,
Cheers
Hi Folks, I haven’t posted here for a while but following...
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