RE:RE:A better runwayThe compound will be a 'must-have' for everyone that target the same market segment. Hard to compete once one partner has a license. I think this would maximize the market.
I also like the idea of a competing race to the market. Therefore I prefer that a model where everyone can get a license.
The results indicates that a premium royalty could be applied. I remember that they kicked around comparable deals with an average of 17.7 percent from the cosmetic industry. That is most likely wishful thinking, but somewhere between 5 and 17.7 to get an idea.