TSXV:BTI.H - Post by User
Comment by
G1945Von Jan 29, 2023 10:13am
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Post# 35252587
RE:RE:RE:RE:So do we assume the JNJ option expired?
RE:RE:RE:RE:So do we assume the JNJ option expired?Boomskid wrote: The latest MD&A has details, G1945V, on Page 10.
jd
MD&A dated January 19, 2023:
"On April 11, 2022, the Company entered into a research collaboration with Janssen Biotech, Inc., one of the Pharmaceutical Companies of Johnson & Johnson. Under the terms of the agreement, the Company received a non-refundable, upfront payment of US$100,000. In addition, the Company will receive milestone payments based on the achievement of the milestone events defined in the agreement. The agreement is effective until the earlier of (i) completion of the research, or (ii) January 31, 2023. Janssen will have the option to research, develop and commercialize novel products based on the Company’s xB 3 technology. The agreement was facilitated by Johnson & Johnson Innovation." G1945V