Guys it's been said plenty times before but we are blessed with this funding arrangement with the US military. Who's to say they won't fund most of Phase III costs (ours and theirs) as well.
Normally it's Big Pharma doing the funding and don't they extract a pound of flesh from the junior licensor.
Depending how Phase III is funded there is no reason to share the NNZ loving with Big Pharma until we get to drug approval stage, meaning our eventual royalty arrangement should be yumlicious.
Guys it's been said plenty times before but we are blessed with...
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