My expectations are reduced in a settlement with A
Post# of 155581
(Total Views: 491)
Posted On: 07/03/2022 2:46:48 PM
My expectations are reduced in a settlement with Amarex. If we can not tie their parent company to the call on holding our records, then we have to be very careful. Destroying Amarex asking to much could force bankruptcy and we get nothing. Deciding what we can attain is the real question. Insurance will not cover much. Being smart in what we need. I seriously hope we don’t bankrupt them and we get a fair cash infusion that we need. What is fair is the biggest question of them all. Sidley Austin will make that call with their experience and research of Amarex. It’s why we hired the biggest guns out there. They will tell us what the arbitration value is worth and the costs and time needed to solve this in court. So we can weigh it out.
Being smart about this is everything for our future directions and choices. I would be ok with something they could pay and would give us a financial benefit to limit our future partners or possible partnerships to just one more partner for either mTNBC or Nash but not both. I don’t believe our current HIV partner will actually come through and Nader re-signing with them was probably not a good move. Regnum has nothing to work with but we will see how that works out. Luckily we have performance standards they have to meet or we can dissolve the partnership.
Something like 25-50 million dollars from Amarex might be attainable but would this much help us? Yes… it will but not for a long time. Better to have a cash infusion then dilution.
We could get another cash infusion if a future mTNBC or Nash partner pre-pays us at signing for say 50 million or more. So when we think about this possible future partnership. It probably won’t happen until we see where our legal issues and clinical hold are resolved from the conversation. We need to resolve a few things it would seem before big catalysts can take place. I like your timeline MGK_2. It reminds me of a Nader time line with a moving date. Not saying you dates are wrong just very optimistic and hell… I like optimistic.
Being smart about this is everything for our future directions and choices. I would be ok with something they could pay and would give us a financial benefit to limit our future partners or possible partnerships to just one more partner for either mTNBC or Nash but not both. I don’t believe our current HIV partner will actually come through and Nader re-signing with them was probably not a good move. Regnum has nothing to work with but we will see how that works out. Luckily we have performance standards they have to meet or we can dissolve the partnership.
Something like 25-50 million dollars from Amarex might be attainable but would this much help us? Yes… it will but not for a long time. Better to have a cash infusion then dilution.
We could get another cash infusion if a future mTNBC or Nash partner pre-pays us at signing for say 50 million or more. So when we think about this possible future partnership. It probably won’t happen until we see where our legal issues and clinical hold are resolved from the conversation. We need to resolve a few things it would seem before big catalysts can take place. I like your timeline MGK_2. It reminds me of a Nader time line with a moving date. Not saying you dates are wrong just very optimistic and hell… I like optimistic.
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