GTG: Junk-DNA patent licensed again
This announcement is from the GTG web site:
Genzyme will pay GTG a signing fee of $7.5M – of which $5M will be in cash and $2.5M will be in the form of “in-kind” Genzyme intellectual property now offered to GTG. Genzyme will also pay GTG a fee of $1M per year for the life of the non-coding patents (currently till 2015).
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