Voyageur Pharmaceuticals Ltd V.VM

New Press Release - Voyageur Achieves Milestone with Rain Cage Royalty Agreement for Sustainable Carbon Drug Development

(TheNewswire)Calgary, Alberta, Canada – TheNewswire - March 13, 2024 - Voyageur Pharmaceuticals Ltd. (TSX.V: VM) (USA: VYYRF) ("Voyageur" or the "Corporation"), announces a significant advancement in its partnership with Rain Cage Carbon Inc. ("Rain Cage"). This milestone signifies the execution...read article.

[lscfa]

How about some damn details.  VM pays RC a royalty for what exactly? A percentage of gross revenues? Who does what (pays for what) in the way of drug development? "This milestone signifies the execution of a royalty agreement that solidifies the exclusive development and license agreement between the parties and it further reinforces Voyageur’s commitment to pioneering sustainable

[whitenorth72]

Just guessing but maybe NDAs were signed. From what I have gathered is Rain cage is trying hard to stay under  the radar until they are ready to fully promo. Im very happy about VM and RCs relationship and I believe we are in the right place at the right time. Like I said just a wishful guess.

[WarrantOfficer]

I agree whitenorth72. The pharma field is frightening competitive. Releasing details of Royalty Agreements could turn catastrophic. Competitiors always ready to pounce. Patiently waiting for release of barium sulphate product line in the next couple of months.