RE: Valirx, Here's Hoping15 Jan 2019 16:04
Valju, I think forsight was just giving his take on matters or likely outcome and l welcome his posts.
I always thought the idea of a JV of this kind is that VAL provide the successsful IP to date having paid in FULL (or its shareholders) for CT l and ll and then for a fee receive an upfront, milestone and royalty payments, a third party takes over the proceedings as a collaboration, but dictating the CT as they are fully funding it?
This is the whole reason why junior bios’s ideally flip their products at CTlll, as they need a sugar daddy.