No one even knows what the milesone and royalty payments will be but are critical"
as usual with commuication - always & i mean always lacking in any detail & leaving more questions than answers.
The press release gives the typical amount of detail for a license agreement in my experience -- "upfront payment of US$3.5 million, sales-based milestones and single digit royalties". All three numbers have to be negotiated as a package. If people wanted more up front it would mean less on the milestones and/or royalties. Maybe we should be thankful this license agreement has nothing to do with what's currently happening/not happening with the Covid trial?