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Biotech / Medical : AFFYMETRIX (AFFX)

AFFX 14.01

0.0%

Apr 1 5:00 PM EST

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To: Michael McVey Lusk who wrote (598)	1/14/1998 3:24:00 PM
From: Michael McVey Lusk	of 1728

I'm glad to see another of these EasyAccess agreements - another heavy hitter placing some serious dough on Genechip. One thing bothers me a bit, though: there is no mention of possible royalties on therapies developed by the DiscoverEase participants. "Under the terms of the three-year Affymetrix agreement, GI will pay Affymetrix more than $4 million annually in technology access fees along with payments for custom chip designs and chips. Affymetrix may also receive payments based on use of GeneChip technology and access to related database information by DiscoverEase program participants. No further terms of the agreement were disclosed."

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