Nov. 20 at 3:25 PM
$ECOR has the inverse of the deal
$BNTX and
$PFE cut with China
Did you miss the last electroCore QR conference call? 🤔
"And the last question from me is, how meaningfully, you know, in a higher market is that going to be? And, and, you know, in a higher market is that going to be and how do you really do not plan to commercialize it at all?
Mr Jang now owns roughly 10 percent of electroCore. He has a license to commercialize our technology and only in China for the time being. He seems to have significant resources, financial and access to product development and access to manufacturing. And what he has shared with me is that he plans to go through a CFDA process in China with a product that uses our technology, but of his own design, it'll be manufactured in country and will pay us a royalty on unit sales and revenue.
Perfect. Thank you. Thank you very much.
Absolutely. Thanks for the question."
