Thanks Phil. This is useful for the ecosystem to have reinforced. This is how I stretched PROGEL's $1.5 million investment into several million dollars over 10 years while we built a revenue stream of $500kpa with 90%gp. We never did a potential licensee trial without a payment that was in excess of our costs. We often leveraged them with non dilutive grants also.
Thanks Phil. This is useful for the ecosystem to have reinforced. This is how I stretched PROGEL's $1.5 million investment into several million dollars over 10 years while we built a revenue stream of $500kpa with 90%gp. We never did a potential licensee trial without a payment that was in excess of our costs. We often leveraged them with non dilutive grants also.
Need more researchers to think this way.
Cam.