AVR 0.00% $15.15 anteris technologies ltd

patch sales when we are a franchise

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    Fellow posters

    Often when the wonderful story of Cardiocell patches is mentioned in company reports there is also the reference to "franchise". For example in Chairman Catlow's report in the 11/12 Annual Report he has a sub-heading "Regenerative Medicine Franchise".

    What exactly does this mean? Are we paying a licence fee to the owners of the technology (people or corporate)? Does anybody know? What is the history and how many dollars per patch do we have to pay?

    I would like to have a full understanding ... not saying that there is anything wrong ...

    Cheers
 
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