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Biotech / Medical : PARANOID! TIRED OF TALKING TO YOURSELF? LET'S TALK(TTP) -- Ignore unavailable to you. Want to Upgrade?


To: Lel H who wrote (118)7/12/1998 10:40:00 AM
From: Timothy Kross  Read Replies (2) | Respond to of 626
 
To: Lel
From: Tim
The information that I posted came from the 1997 annual report which states that Titan Pharmaceuticals retains full rights to the Japanese market. Also on page 34 of the report it states that Novartis sublicense agreement for Iloperidone excludes Japan.
Your conclusions make sense when one considers that Japan has roughly half the population of the United States and that Titan will receive 100% of the profits from the sale of iloperidone in that country. Whereas, in this country and the rest of the world, Titan is receiving only a percentage royalty on the net sales.