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Biotech / Medical : Biotransplant(BTRN)
BTRN 35.470.0%Dec 9 4:00 PM EST

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To: bill small who wrote (470)12/24/1999 12:26:00 PM
From: scaram(o)uche  Read Replies (2) of 1475
 
Bill:

The guidance that has been given regarding the royalty is "double digit". I've always assumed that this meant 10%, but I'd love to be wrong (low). The royalty is not diluted, no flow-through. MEDI covers anything that is due to the collaborators in Belgium. One sweet deal.

Rick
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