Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Incyte (INCY) -- Ignore unavailable to you. Want to Upgrade?

To: scaram(o)uche who wrote (1209)	10/5/1999 5:53:00 PM
From: Biomaven	Respond to of 3202

There's probably significant overlap between data that MLNM already has and what's in the INCY database. So the contract might say something like "MLNM doesn't pay for stuff it knows already unless a valid patent is issued (in the future) to INCY." It might also say "MLNM pays for stuff in the database unless someone else is subsequently awarded a valid patent on the sequence." Either of these (or many similar clauses) could make the royalty contingent. I agree it makes it harder for investors to value a contract, but maybe that's because it's harder for the companies themselves. As we move into an environment of more and more overlapping rights, we are going to see more and more contingincies. Peter

To: scaram(o)uche who wrote (1209)	10/5/1999 7:16:00 PM
From: LLCF	Respond to of 3202

<These hidden terms are getting more difficult to value all the time instead of going in the correct direction.> I hate the way they they don't diclose this stuff... I suppose they don't want to let the other customers know when they've given a sweater deal so another [probably this one]. Great name to sign up just the same and shows that even the mighty MLNM needs the product. I wish at least they'd break down what the subscription costs are... I mean common Bloomberg will tell you what a subscription costs, what about INCY? All in all, I will say that this is important in my mind that MLNM sees value in farming this out. DAK