RAC 3.07% $1.42 race oncology ltd

CPACS: Research, Results, Market Comparisons, and Valuations, page-252

  1. 282 Posts.
    lightbulb Created with Sketch. 204
    What I am finding says it was a 50/50 Profit split.

    I have put a link from the announcement and then asked ChatGPT that very specific question. Here is the response;

    "The agreement between Janssen and Pharmacyclics was indeed a **50/50 profit split**, where both companies equally shared profits and losses related to the development and commercialization of PCI-32765 (Ibrutinib). This profit-sharing approach differed from a traditional royalty-based structure."

    https://www.jnj.com/media-center/press-releases/janssen-biotech-inc-announces-collaborative-development-and-worldwide-license-agreement-for-investigational-anti-cancer-drug-pci-32765

    https://hotcopper.com.au/data/attachments/6443/6443636-6cc786aa246529a3c9738eaa4a85a9a7.jpg
    Last edited by ttppxx: 08/09/24
 
watchlist Created with Sketch. Add RAC (ASX) to my watchlist
(20min delay)
Last
$1.42
Change
-0.045(3.07%)
Mkt cap ! $242.0M
Open High Low Value Volume
$1.49 $1.49 $1.41 $238.0K 164.4K

Buyers (Bids)

No. Vol. Price($)
1 300 $1.43
 

Sellers (Offers)

Price($) Vol. No.
$1.45 2011 1
View Market Depth
Last trade - 15.55pm 14/11/2024 (20 minute delay) ?
RAC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.