GREY:IPHAF - Post by User
Post by
teeveeon Jul 26, 2010 1:06pm
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Post# 17297068
Is Lux in a bad spot?
Is Lux in a bad spot?If the FDA decision effectively delays approvals, there are a few questions that come to mind:
1. How long can ISA keep the doors open?
2. If ISA goes under, does Lux's deal with ISA die?
3. If Lux's deal dies with ISA, does Lux have a side bar deal with Paladin, or is Lux effectively forced to support ISA by advancing some of the milestone payments early in exchange for some sort of renegotiated deal?
4. Would it make any sense for Lux to do a reverse takeover of ISA?