Anti-infective company Biota announces Relenza royalties of AU$4.5M
30-Oct-2007
Biota CEO, Peter Cook commented, "The Q1 figures are consistent with Biota's expectation that GSK will sell its installed capacity over the year. These are the summer quarter sales in the northern hemisphere and are typically the lowest of the yearâ"
Biota also confirmed that from this quarter, it will retain the full royalty and is no longer obliged to pass on any payment to third parties.
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