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Biotech / Medical : PARANOID! TIRED OF TALKING TO YOURSELF? LET'S TALK(TTP)

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To: scaram(o)uche who wrote (428)8/27/1999 10:42:00 PM
From: Arthur Radley  Read Replies (1) of 626
 
Rick,
I think you got the 25% number from the fact that TTP has a royalty payment to Hoechst Marion Roussel and the combined two represent a 25% royalty. In reality it isn't a 25% royalty but rather TTP gets 10% and then they pay Hoechst 15% of their 10%.
I will try to get a clarification on this next week.

As a side note to this issue, TTP did keep the right for Japan with Novartis having everything else.

But again, the market worldwide is in the multi-billions.
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