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Posted On: 11/01/2019 6:49:19 PM
Post# of 154221
Re: BlackDoggie #10398
BlackDoggie,
Maybe this is not "legally" correct but what I was trying to imply is that a commercialization agreement simply says: here is the drug, you go and sell it and give me 50% of the money you get.
In a partnership you take the drug and participate in the costs of developing it into something else; i.e take Leronlimab and let's do the NASH trials and the various Oncology trials together, costs shared as such and such and profit shares like this and that.
For example: Arrowhead has a partnerships with Amgen (cardiovascular disease) and Janssen (Hepatitis
; they gave Arrowhead what they wanted modified (by inhibiting the expression of a specific gene) and, if they (arrowhead) succeed, they will be paid royalties previously agreed.
In a partnership, CYDY will give whomever Leronlimab and they will fund and carry out the necessary research (if required) and trials to get the product to market sharing profits.
Maybe this is not "legally" correct but what I was trying to imply is that a commercialization agreement simply says: here is the drug, you go and sell it and give me 50% of the money you get.
In a partnership you take the drug and participate in the costs of developing it into something else; i.e take Leronlimab and let's do the NASH trials and the various Oncology trials together, costs shared as such and such and profit shares like this and that.
For example: Arrowhead has a partnerships with Amgen (cardiovascular disease) and Janssen (Hepatitis
; they gave Arrowhead what they wanted modified (by inhibiting the expression of a specific gene) and, if they (arrowhead) succeed, they will be paid royalties previously agreed. In a partnership, CYDY will give whomever Leronlimab and they will fund and carry out the necessary research (if required) and trials to get the product to market sharing profits.
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