Listened on line. Got the calculator out to estimate NEU's royalties but it wasn't big enough. Going straight to our bottom line Acadia estimate between 4,500 and 10,000 clients for Daybue @ us$375,000 each.pa. NEU to get between 10 and 15% royalty on this! Acadia enlisting 50 full time staff to promote through the Rhett community.
This is such a horrible condition it should not need much selling. Daybue is the only treatment for Rhett's and feedback is good.
In addition NEU's one off payments are due this month. (June) us$40million plus 1/3 of a review voucher worth us$33 million to NEU.
It seems they are trying to reduce expectations about ROW because there has been some wild hopes of that value and what NEU does not need is a repeat of the spitting of the dummy that followed our back ended agreement with Acadia and the share price was murdered.
IMO. we will do very well from Daybue and a little from ROW. If 2591 is successful that will be even bigger.
Neuren AGM 30th May, page-71
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