Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.

Free
Message: Judge Ward and "business resolution"

Judge Ward and "business resolution"

posted on Dec 20, 2007 11:54AM

I do not have time to read all posts so apologies in advance if the following has been discussed already.

I am extremely encouraged to see that JW will continue to be involved in monitoring and enforcing the agreement and MOU with Toshiba and Matsu. This could mean that the parties will really need an impartial third party, to perhaps verify ongoing royalty calculations based on sales or other variable business data. This would not be needed, of course, if the standard one-time license payments were made. It could also mean, as others speculate, that the $$$ involved are very large.

The more I think about the "business resolution" term, the more I believe it may encompass more than just licenses, royalties and the like. E.g., some sort of ongoing R&D relationship among the parties? This may be more TPL than PTSC, but perhaps not. I hope the Jan. 15 10Q will pull back the curtain a bit on this aspect of the settlement.

Share
New Message
Please login to post a reply