Should anything emerge from these collaborations, the responsible institution will presumably benefit financially in the form of milestonepayments and royalties.
That sum includes milestonepayments for discovering genes involved in diabetes, heart disease and psychiatric disorders, royalties of an undisclosed amount on the sale of any resulting drugs, and the purchase by Roche of a small equity stake in DeCode.
We believe Canadians will increasingly embrace the opportunity to make mobile payments and we are excited to be at the forefront of this technology with this milestone transaction today.