RE: Clarification My update Opinion on TLN
If Pharmas don't buy TLN now, it will cost even more once PII-4601 and PIIb-232 results are out.
That's why Sanofi lock in 500M for BiPar - before their PII results.
Pharmas have been using the low cash argument to pressure a cheap deal.
Looks like Caisse has now the power, mandate and cash to take away that "pressure" by saying if you don't make a good offer, will fund TLN and you'll have to pay even more in 3 months....
Caisse news is so very important to understand...
I think this is 100%.