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Biotech / Medical : Delta & Pineland Co.

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To: Rob C. who wrote (16)3/24/1998 1:14:00 PM
From: Terry  Read Replies (2) of 67
 
I have heard lots of rumors. I don't think anyone except possibly Monsanto would be interested. If DLP begins to sell other 3rd party transgenic seeds (over a certain threshold) then the split of fees goes from 71/29 MTC/DLP to 85/15 MTC/DLP which makes DLP much less interesting for anyone other than MTC. Also, since MTC already gets that split and DLP makes little in terms of NI, I would even doubt the interest by MTC.
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