Last December's announcement, about the MOU with Canon...
"The commercial terms of the MOU include a US$ 1 million upfront fee and royalties of 0.5% on all device sales and 10% of the royalties received by Canon from pharmaceutical companies. Royalties in the drug delivery systems industry are typically between 5 and 15% of sales of the pharmaceutical company. The royalty stream payable by Canon to Vapotronics is expected to be very substantial."
No figure have been mentioned. Does anyone know if a payment figure or any payment has been received now that deal is done?
Thanks
Nickd
- Forums
- ASX - General
- PSX
- followers - do you know?
PSX
psiron ltd
followers - do you know?
Featured News
Add PSX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
BGD
BARTON GOLD HOLDINGS LIMITED
Alex Scanlon, Managing Director & CEO
Alex Scanlon
Managing Director & CEO
SPONSORED BY The Market Online