RE: RE: Ox deal19 May 2021 17:44
I think the cap on royalties is only considered to be too low if we don't receive the significant upfront payment we were originally promised.
If the terms have changed (for the worse) with regards to what we get in the near term then why should we not expect more in the long term. That is only fair.
If we get a significant upfront and/or milestones then, personally, I have no problem with the cap. I would rather have the money available now, when we need it most.