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Biotech / Medical : DYAX: Dyax Corp.
DYAX 38.410.0%Jan 25 4:00 PM EST

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To: dalroi who wrote (49)1/10/2003 3:31:07 PM
From: keokalani'nui  Read Replies (1) of 197
 
Stephaan

Responding to your tfi/f post.

I have not studied it yet, but did not dyax keep at least bulk of CAT Humira royalty, though possibly realized in lump-sum?

>>In addition, CAT’s obligation to pay royalties under the 1997 Agreements to Dyax for rights with respect to Dyax’s Ladner patents on antibody products CAT develops is removed, except in relation to Humira™. CAT has options to buy out under a predetermined schedule any royalty obligation which CAT may have in respect of Humira. <<

Wilder
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