RE:Partnership negociationsTson, I pasted a slide describing the process TST is following below. I think Your comments are valid but I think that the plan is not to take on a partner until the BLA is submitted, if TST chooses that path. I'm sure there is a long due diligence process for TST and interested parties and believe they will take their time and make the right choice by viewing as many as possible. They are also well aware of their financial position and I trust will take the most logical steps in managing through this. I have faith that this group has a plan in place and has considered all risks and scenarios that may be presented as they move forward. I'm sitting back and watching this unfold, I hope we have a positive decision in the end. 2015 – Focus on Value Growth… • High quality BLA submission • Complete 3rd party market assessment • Confirmed premium pricing, market access and market opportunity • 3rd party assessment critical for partnering discussions • Run structured partnering process to identify highest value strategic option for MCNA • Traditional licensing transaction – US and/or global/regional • Joint Venture/Profit Share • Company Sale • Retain product ownership post-approval and launch product Increase shareholder value (share price!)