Related Party Transactions
|9 Months Ended|
Apr. 30, 2017
|Related Party Transactions [Abstract]|
|Related Party Transactions||
Note 10—Related Party Transactions
The Company’s Chairman of the Board of Directors (“Board”) is also a director and the Chairman (formerly Executive Chairman) of Inovio. The Company’s Chairman abstained from all discussions and voting related to negotiations of the Asset Purchase Agreement disclosed in Note 1, and the amendments thereto, while performing his duties as Executive Chairman of Inovio.
The Company has subleased a portion of its office space to another company with certain common Board members. The Company’s CEO and two other members of the Board also hold positions as directors or officers of the sublessee.
The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.
Reference 1: http://www.xbrl.org/2003/role/presentationRef