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Celsion Corp. Message Board

  • split29_2005 split29_2005 Jan 22, 2013 10:17 AM Flag

    Mixed messages

    China pays $5 million - non-refundable for the exclusive right to manufacture and sell Thermadox to nearly half of the world's population.

    a) China wouldn't buy if the Phase III results were not at least partially positive.
    b) Why would Celsion sell the rights that cheaply if trial results were expected to be very good?

    Assuming no one REALLY knows the final HEAT results, this seems to be a rather bearish play by the company and a quite a bullish gamble by China.

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    • OK, I'm going to pretend that you're a fool so that I can answer that. The $5M, is just 5% of the upfront payments, then there's the escalating double digit royalties. That is AMAZING for a single territory! So CLSN have lost NOTHING.

      So one half of your argument is flawed! See if you can work out which?

      Cheers,
      Mick

      Sentiment: Strong Buy

      • 1 Reply to bty79403
      • So maybe I presumed too much when I didn't put in all the what-ifs. My post was focused on the non-refundable $5 million and the rights, not the follow-up payments, which require firm positive results.

        There was no suggestion that CLSN has lost anything. There was a question as to whether CLSN might have achieved more of an up-front payment. Sorry I was not clear enough for you. Us fools certainly appear to do that sometimes depending on the capacity of who is listening.

        Anyway I've just increased my holdings by 50%, somewhat nervously as a result of what I've stated in my earlier post.

 
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