TSXV:BTI.H - Post by User
Comment by
Sinbobon Aug 27, 2012 11:01am
172 Views
Post# 20264109
RE: News......
RE: News...... Last I heard was that Shire is now deliberating it's future potential/arrangements with BTI and has until Sept. 15th to notify BTI of whatever offer/decision it has arrived at. So, I guess some sort of news will be released before or shortly after that timeline. Abbott should also have some sort of progress on it's present collaboration soon...and it shouldn't take much longer for other (several?) collaboration agreements to begin. TTU must be close to finished on it's second study and we have no way of knowing how many other large pharmas are making initiatives at this time. (Roche?)
Judging by the very tight lipped atmosphere and the purposefully low key mail out re the AGM tomorrow, it would appear that RH is being extremely conservative and careful during this sensitive time frame. Is it too early for a buy out offer? I would have to think that would be very premature at this time...even if BTI management would entertain such overtures. All this is totally navel gazing on my part and there are many other astute investors here who have pretty well figured it all out. I get the impression that they are so confident in their expections that postiing here is pretty much unnecessary.
Whether there is enough motivation, based on the years of cumulative research and studies, for a major too take precocious leap of faith here, I leave to others for open debate.