RE:NASA/CloslyIMHO...the sp is acting binary,,,the PSAR volitility lasts by the day...up and down,,,slowly...
Expect a very good meeting eventhough PL may be limited in what he can say...
PBI 4050, unlike prior theraputics...PLI went alone in detailing the first phase. This means partners are scrambling now to get their houses together and partner inline with current testing. The result will be like trying to collect for a large hockey pool...good to go until everyone needs to sign the dotted line.
There are up to 5-6 IND's to setup and ready for the next phase...thats a lot of pizza from differnt third parties scrabbling to get everything finalized. One thing is for certain...to test each 4050 IND separately would be a nightmare and take years....
Best wait for all the parties to come together and share their separate IND phase together.
The sp is going up, PLI just received $20 M, what part of the equation, the third parties now have to negoticate with PLI before starting all IND's at the same time...
Did someone say...upfront....perhaps a million or two...