Azenta may convert license to perpetual exclusive royalty-free for $25 million
AZTA•Azenta may convert its license to a perpetual, exclusive, royalty-free license for $25 million. Capital deployment for its Elegen agreements is expected to be $32 million to $71 million, and the license has an initial five-year term.
1. License terms
Azenta may convert its Elegen license to a perpetual, exclusive, royalty-free license for $25 million. The license has an initial five-year term, and capital deployment for the Elegen agreements is expected to be $32 million to $71 million.
