Business Flow

1.Feasibility Agreement

  • "Low cost" feasibility testing program
  • Covers SKK costs
  • No grant of rights

2.Formulation Development Agreement and Preliminary Clinical Supply Agreement

  • SKK costs plus low margin
  • Clinical manufacturing fee
  • No grant of rights

3.Limited Clinical Use Agreement

  • Small number of subjects
  • Fees based on number of subjects
  • No grant of rights

4.Development and License Agreement

  • Development phase (pre-launch)
  • Development fees
  • Clinical manufacturing fees
  • License phase
  • Signing fee
  • Development milestones

5.Commercial Supply Agreement

  • Contract manufacturing
  • Technical transfer
  • Machine lease
  • Sale of punches