KeepItRealistic
$OSRH 🤔 👇
The $30M VXM01 IP acquisition changes the picture
This is another important development.
OSRH subsequently completed the acquisition of the full VXM01 IP portfolio, including patents, manufacturing know-how, regulatory filings, clinical data and biological materials.
The purchase price is $30M, but importantly, the $30M becomes payable upon the first milestone event, defined as completion of Phase 2b or equivalent in GBM or PDAC.
So OSRH isn’t simply writing a $30M cheque today.
And owning the IP at the parent level means the economic value ultimately sits more directly at OSRH.
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