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Biotech / Medical : AtheroGenics, Inc.{AGIX}-nasdaq -- Ignore unavailable to you. Want to Upgrade?


To: DewDiligence_on_SI who wrote (167)12/23/2005 2:11:44 AM
From: sim1  Read Replies (1) | Respond to of 332
 
>> Does anyone know are this $50M repayable IF ARISE trial failed?<<

According to what I heard Russell Medford say on the CC, the up-front $50M is a non-refundable licence fee. Later on in response to a question, it was referred to as "cash in our pocket".

Also, in response to a question toward the end on breakup fees, the answer was just "normative phaseout transition fees, that's all".

Conference call, about 35 minutes. Archive...

vcall.com