I agree Motors. It believe that it means that they won't need to have a capital raising in the near future due to the licence payement and TEVA paying for all of the trials costs from here forward. If and when the trials are successful and they continue to develop towars commercialisation I imagine the milestone payments will increase ( I would hope significantly). $2mil appears to be a cheap initial payment, however milestone payments may increase as product development continues. What do others think?
ANP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
