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Innovation Pharmaceuticals IPIX
Posted On: 01/26/2016 7:54:25 PM
Post# of 72447
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Posted By: someconcerns
Re: Darwinian #17966
Darwinian, Basically the obligation to make whatever payments by the licensee continues, with the licensor (CTIX) simply transfering the deal to the new owner. The new owner takes on all the obligations CTIX would have had under the license. If the licensee or the new owner want to, they can try to negotiate changes to the deal, but both have to agree to those changes.













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