There often are tiered royalty structures based on
Post# of 72440
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.