RPBC - This is HUGE!!!: http://www.otcmarkets.
Post# of 144494
[b]RPBC - This is HUGE!!!:[/b]
http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9327325
two milestone payments of $0.5 million, annual 6 figure royalties
annual 6 figure royalties
<<< IFF shall be required to pay the Company minimum royalties in the low six figure range for each twelve month period following the first commercial purchase of RP44 by IFF for use in products. IFF will continue to be responsible for the regulatory process and for costs associated with prosecuting and maintaining the Company’s intellectual property covering the sweetness enhance
Source - Read More: http://investorshangout.com/post/795705/two-m...z2Wm6efGzP
Company is still alive and kicking and trying to get their sweetner enhancer to market - looks like they may be getting very close!
International Flavors and Fragrances is a 6 Billion Dollar company that trades at $77 on the NYSE - http://www.iff.com/
Redpoint Bio is following a strategy focused on preserving the value of the License and Commercialization Agreement it entered into with International Flavors and Fragrances, Inc. (IFF), a global leader in the food and beverage industry. As part of this strategy, the Company continues its efforts to reduce its liabilities and sell its remaining assets.
Recent 8K on 5/30 shows they are doing just that with a deal with Jansenn Pharmaceutical's a Johnson and Johnson company!
(0)
(0)