Can anyone walk through basics of 50% royalty deal
Post# of 148294
Say net sales is 100. COGS is 20. COGS plus 10% is 22. Does partner pay CytoDyn 50 or 39 (100-22)/2 ?
Do I have this jacked up?
Then CytoDyn has to make small percentage payments to Progenics and Abbvie. Call that 10%, cannot remember the exact number. Does CytoDyn pass on 10 percent of what they receive from partner (10% of 50 or 39).? Or does CytoDyn pass on 10 percent of the net sales by parter? 10% of 100= 10.
I bet some of you business - lawyer types can set me straight.
Thanks