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Biotech / Medical : T/FIF, a New Plateau

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To: nigel bates who wrote (919)2/5/2002 4:36:59 PM
From: Icebrg   of 2243
 
Nigel

No there has been no disclosure regarding the size of their funding committments. I have seen these or similar things in a couple of the other arrangements too. Note that in this case the funding concerns the partner - not the J/V. Which I believe is a better choice. It will in most cases be "safer" to fund the partner rather than the J/V directly.

Ice
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