peace, Dead right. In Vitro is in test tube. in Vivo in a living body. Animal trials next. Then moving onto Clinical Phase 1 trials.
Your posts are spot on. Expect to extra cash To show up in The next quarterly. The mile stones will increase with time, Upfronts were 1/2 Million. Expect maybe as much as 2 1/2 million for this one.
Big questions is how much will future upfronts and milestones go up now ROCHE have validated, for those latecomers.
For any serious analysts this looks like being a text book business model that will get studied in years to come.
congratulations to PYC on a job well done.
PoS
peace, Dead right. In Vitro is in test tube. in Vivo in a living...
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