(Total Views: 659)
Posted On: 01/07/2022 11:42:43 PM
Post# of 153964
Re: Buddyboy20 #114303
Thanks Buddy. It checks out. Here is the Assignment Agreement from Dec 23 signed by Nader and Anne Kirby, CEO of Sevenscore and who was/is a VP at Vyera, and it looks to me like it's essentially backdated to Dec 2019 when the original Vyera agreement was signed.
https://www.sec.gov/Archives/edgar/data/17163..._ex101.htm
I knew Vyera was in trouble when the pr about their recent settlement with the FTC said "Vyera and its parent company Phoenixus AG are required to pay $10 million immediately and $30 million over the next ten years, if the companies’ financial condition improves".
Does it change anything? Probably not. If the BLA eventually gets submitted then it will still be a question of somebody else buying out Sevenscore or the deal being in place until it's either fulfilled or Cytodyn can get out of it after a missed milestone payment.
https://www.sec.gov/Archives/edgar/data/17163..._ex101.htm
I knew Vyera was in trouble when the pr about their recent settlement with the FTC said "Vyera and its parent company Phoenixus AG are required to pay $10 million immediately and $30 million over the next ten years, if the companies’ financial condition improves".
Does it change anything? Probably not. If the BLA eventually gets submitted then it will still be a question of somebody else buying out Sevenscore or the deal being in place until it's either fulfilled or Cytodyn can get out of it after a missed milestone payment.
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