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Biotech / Medical : Cadus Pharmaceutical Corp. (KDUS) -- Ignore unavailable to you. Want to Upgrade?


To: scaram(o)uche who wrote (144)3/29/2000 9:44:00 PM
From: scaram(o)uche  Read Replies (1) | Respond to of 1833
 
better deal than I expected......

In February 2000, the Company licensed to OSI, on a non-exclusive basis,
its yeast technologies. OSI paid to the Company a license fee of
$100,000 and an access fee of $600,000. OSI is also obligated to pay an
annual maintenance fee of $100,000 until 2010 and a supplemental license
fee of $250,000 upon the lifting or dissolution of the injunction
obtained by SIBIA.