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Re: [IP] Novel Treatment of Diabetes Mellitus

Wow!!!  If they're throwing around this kind of money, they must think this 
is really going to work!

>Naturally Occurring Peptide Stimulates the Growth of Insulin-Producing 
>CINCINNATI, April 18, 2002 - The Procter & Gamble Company (P&G) announced
>today that they have entered into a global, multi-year strategic alliance
>with GMP Companies, Inc. (GMP) to develop and commercialize a novel way to
>treat diabetes mellitus, which could benefit patients currently requiring
>insulin injections. . . .  Under the terms of the agreement, GMP will 
>receive a $5 million upfront payment. As the development program of INGAP 
>progresses toward approval and through launch, GMP will receive additional
>milestone payments tied to the drug's clinical and commercial performance.
>GMP will also receive tiered royalty payments based on future sales. In an
>additional agreement, P&G is making a $24 million investment in GMP

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