The first right of refusal allows Merck the luxury of being able to sit back and watch from the sidelines and act when, and if they feel the time and price is right ,or in the case of another 3rd party showing interest in doing a deal with Immutep , then Merck first has the right to counter the offer , before a deal can be struck between Immutep and the third party.
IMM Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held
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