Investor Relations

The first component of our business strategy includes advancing our current portfolio of fully funded programs through investments made by our licensees. Our diversified pipeline was built by out-licensing our technology platform and our drug candidate products to licensees or collaborator partners who assumed the responsibilities of later stage development, regulatory approval and commercialization. Since our partners pay the development, and commercialization costs, we, therefore, refer to these programs as “fully funded.”

The second component of our strategy involves acquiring milestone and royalty licenses to high-potential, fully funded assets from companies, universities, or individuals who seek to monetize the value of their licenses. We believe that by expanding our pipeline through these acquisitions, we can further diversify our pipeline across multiple therapeutic areas and development stages. Our ideal target acquisitions are those that are in pre-commercial stages of development, have an expected long duration of market exclusivity, have high revenue potential, and are partnered with a large pharmaceutical or biopharmaceutical enterprise.