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Biotech / Medical : Apricus Biosciences
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To: Mirror Image who wrote (1369)7/7/2015 7:46:43 PM
From: mokelumne river   of 2026
 
Nice analysis. I don't recall the company ever discussing whether the royalty floats with the exchange rate...and for all we know, the royalty provision in terms of exchange rate could vary per agreement. The revenues accrued and reported so far are mostly from "me." But your math is compelling.

I join the others in expressing my sadness for your loss.

Takeda
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