Pacific Edge (PEB) has announced its six monthly result to 30 September and it has been well received by the market. Over that 6 month period Cxbaldder sales have trended from next to nothing to a total of $1.6m . We are starting to see a little bit of growing traction.
CDY's royalty share for this period can for the moment be guestimated at 4% (or $60K). It isn't a lot but it is the beginning of a lot because the sales uptrend is relatively steep.
The PEB ann. is is highly relevant to any CDY holder.
