BIT 3.70% 5.6¢ biotron limited

@WelshBuffett The only deal that I remember was from Gilead to...

  1. BGI
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    @WelshBuffett
    The only deal that I remember was from Gilead to Gritsone back in 2021.

    under the terms Gilead paid Gritstone
    1. $30M in cash +30M in equity
    2. paid cost for HIV phase 1 clinical trial
    3. esclusive license to develop and commercialize it beyond phase 1
    4. 725M in regulatory and commercial milestone + royalties
    5. I am not sure if I missed anything else.

    This was for phase 1. Imagine the possibilities for phase 3 HIV clinical trial for BIT.

    We obviously don't know what's happening with Biotron and one day, hopefully soon, it will all be revealed.
 
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