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ABII » Topics » St. Johns Health Center

These excerpts taken from the ABII 10-K filed Mar 6, 2009.

St. John’s Health Center

In November 2007, we entered into a master grant agreement with St. John’s Health Center and the John Wayne Cancer Institute to build and support a clinical trial infrastructure and clinical trial program and to support certain research efforts. As of December 31, 2008, we had a total of $47.8 million in commitments, subject to our approval, through December 31, 2012 under this agreement. In October 2008, we entered into a service agreement with St. John’s Health Center to provide tissue banking services for certain clinical trials for a period of up to five years. Timing and amount of funding under these agreements requires approval by our Company.

 

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We made payments to St. John’s Health Center of $2.2 million and $0 in 2008 and 2007, respectively. Our chief executive officer is on the Board of Trustees for the St. John’s Health Center.

St. John’s Health Center

FACE="Times New Roman" SIZE="2">In November 2007, we entered into a master grant agreement with St. John’s Health Center and the John Wayne Cancer Institute to build and support a clinical trial infrastructure and clinical trial program and to
support certain research efforts. As of December 31, 2008, we had a total of $47.8 million in commitments, subject to our approval, through December 31, 2012 under this agreement. In October 2008, we entered into a service agreement with
St. John’s Health Center to provide tissue banking services for certain clinical trials for a period of up to five years. Timing and amount of funding under these agreements requires approval by our Company.

 


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We made payments to St. John’s Health Center of $2.2 million and $0 in 2008 and 2007, respectively. Our chief executive officer is on the Board of
Trustees for the St. John’s Health Center.

EXCERPTS ON THIS PAGE:

10-K (2 sections)
Mar 6, 2009

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