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Innovation Pharmaceuticals IPIX
(Total Views: 339)
Posted On: 07/23/2019 8:37:47 PM
Post# of 72445
Posted By: Lemoncat
Re: Chemdeps #58576
Yes.

6% on ALL net sales.
plus:
$3M at $100M sales (essentially an additional 3% on 0-$100M)
$6M at $200M sales (essentially an additional 6% on $100M-$200M)
$9M at $300M sales (essentially an additional 9% on $200M-$300M)

The $18M in sales milestones essentially makes it a capped tiered royalty structure.













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