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the flipside to this watershed announcement was that it...

  1. 880 Posts.
    the flipside to this watershed announcement was that it represented Biomira electing NOT to take up worldwide rights to CVac . . . . which they were entitled to . . .. . . but would have required that they fund the Phase III trial, and pay PRR a market rate royalty (presumably high single figures).

    The spin from PRR was that Biomira had changed direction and was not interested in CVac any more. . . .. but still, Biomira was a bigger international company that said "NO" TO CVAC.

    Maybe the path is a bit easier now thanks to Dendreon etc., but let's not see only positives, hey. . . .
 
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