That would be a material event. Within three days
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Posted On: 02/10/2018 10:41:35 AM
That would be a material event. Within three days of signing we would receive something like:
"Big Pharma Pfizus has signed a partnership deal with IPIX for the development of Prurisol. Terms include $50M upfront, $500M in milestones and double-digit tiered royalties on future sales."
The real PR will be more flowery and may discuss more things but that's the gist. There would be little reason to keep a deal under wraps for future negotiations - higher stock price, validation and cash on hand greatly strengthen our corner.
Go IPIX!
"Big Pharma Pfizus has signed a partnership deal with IPIX for the development of Prurisol. Terms include $50M upfront, $500M in milestones and double-digit tiered royalties on future sales."
The real PR will be more flowery and may discuss more things but that's the gist. There would be little reason to keep a deal under wraps for future negotiations - higher stock price, validation and cash on hand greatly strengthen our corner.
Go IPIX!
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All my posts are my own personal opinion and speculation. They should not be used as the basis for any investment decision. No, I am not Scottsmith.
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