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

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Correct. The license says (not surprisingly) that the royalty applies to "licensed products". So it will be a royalty applied to net income from licensed products. I wonder how many of their products are "licensed" vs. non-licensed. That's the question, right?

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