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Non-Tech : Enamelon (ENML) - Does anyone follow this? -- Ignore unavailable to you. Want to Upgrade?

To: Kelton who wrote (772)	2/11/1999 1:01:00 PM
From: Mama Bear	Read Replies (1) \| Respond to of 863

They paid $5k in upfront money. Yes, they renegotiated and pay $400k royalties up to $100 million in revs, and owe another $200k in the slim chance they go over $100 million. Previously, royalties were set to 4% of revenues. That would have generated $4 million on $100 million in revs. I wonder why someone thought 10 cents on the dollar in guaranteed money was a better deal than $4 million, if the potential was so great? Revenues will probably be over $10 million this year, so Fox did negotiate a good deal if it works. I could develop a pencil with 10 erasers and get a patent. It doesn't mean it would sell, and a patent is pretty worthless unless it protects something of value. "Little did they realize that this formulation is exactly what helps prevent flourosis by properly allowing the crystals in the enamel rods to take up flouride to produce the natural hydroxyapetite crystals. " Have they gotten clinical support for this, or are you taking it on faith? Barb