Good writeup on ARRY:

Glad you 2 guys bought the stock, we're having fun today.

C L

From a new filing, this sounds really good, to me:

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 LICENSE, DEVELOPMENT AND COMMERCIALIZATION AGREEMENT   

THIS LICENSE, DEVELOPMENT AND COMMERCIALIZATION AGREEMENT (this “ Agreement ”) dated as of May 31, 2017 (the “ Effective Date ”), is made and entered into by and between Array BioPharma Inc., a company organized under the laws of Delaware and having its principal place of business at 3200 Walnut Street, Boulder, CO 80301 USA, (“ Array ”) and Ono Pharmaceutical Co., Ltd., a company duly organized and existing under the laws of Japan, having offices and principal place of business at 8-2, Kyutaromachi 1-chome, Chuo-ku, Osaka 541-8564, Japan (“ Ono ”). 

BACKGROUND   

A. Array now owns or controls certain patents, know-how and other intellectual property relating to the Products (as defined below); 
  
B. Ono has experience in developing, marketing and distributing pharmaceutical products; 
   
C. Array and Ono wish to collaborate on the further development, manufacture and commercialization of the Products, with Ono taking the lead role in such efforts in the Ono Territory (as defined below); and 
  
D. Array is willing to grant to Ono, and Ono desires to obtain, certain exclusive rights and licenses with respect to the manufacture, registration and commercialization of the Products in the Ono Territory. Array will retain the right to develop and commercialize the Products for the Array Territory, all on the terms and conditions set forth herein. 
  
NOW, THEREFORE, in consideration of the foregoing premises and the mutual covenants herein contained, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows:  
   
ARTICLE I
DEFINITIONS   
  
1.1 “ Affiliate ” of a Party means any person, corporation or other entity that, directly or indirectly, controls, is controlled by, or is under common control with such Party, as the case may be. As used in this Section 1.1, the word “ control ” (including, with correlative meaning, the terms “controlled by” or “under the common control with”) shall mean the actual power, either directly or indirectly through one or more intermediaries, to direct or cause the direction of the management and 
     
[ * ] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended.   
  
policies of such entity, whether by the ownership of more than fifty percent (50%) of the voting share capital in such person, corporation, or other entity, or by contract or otherwise.

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C L