Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.

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Message: Settlement

Re: Settlement

in response to by
posted on Dec 19, 2007 05:44PM

You said:

"IMHO this settlement further strenghtened/enhanced the PTSC financial position going forward and there would be nothing in settlement language that would deter TPL from fully expecting the remaining infringers to sign-on."

There is an issue in our agreement that would need to be explained to certain remaining infringers. No where is a "License" mentioned in our "settlement".

The J's were "granted certain rights" to the MMP Portfolio. This would indicate a temporary obligation dependent upon certain conditions or criteria being met. But it is different wording and it is there for a reason. What that reason is, is pure speculation. But, IMO would have to be explained to potential licensees.

I think the future looks bright and I am certain there are reasons for all the confusion as of late. The dollar amounts, I can see why they would not immediately devulge the dollar amounts,but I don't see how then can keep the various details of the settlement (such as "Granting") secret and expect other signings.

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