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Posted On: 02/10/2019 1:23:30 PM
Post# of 72451
There often are tiered royalty structures based on sales. BP ensures they get what they need and will allow higher percentages on higher sales numbers in order to negotiate upfront and milestones downward (reduces BP risk).
Something like the following
10% on the first $100 million/year
13% on $100 million to $500 million/year.
16% on $500 million+/year.
BP is all about buying the lowest risk possible.
Unfortunately, IPIX needs considerable capital now as we are looking to get multiple indications into trials and get out of this financing rut. It's anyone's guess what we can negotiate.
Something like the following
10% on the first $100 million/year
13% on $100 million to $500 million/year.
16% on $500 million+/year.
BP is all about buying the lowest risk possible.
Unfortunately, IPIX needs considerable capital now as we are looking to get multiple indications into trials and get out of this financing rut. It's anyone's guess what we can negotiate.
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