OTCPK:ARLZQ - Post by User
Comment by
kuatoliveson Jun 09, 2016 1:52pm
87 Views
Post# 24951386
RE:RE:Can you contribute anything on this?
RE:RE:Can you contribute anything on this?Would be an unusual merger, given Adam's previous lauding of having a focused platform (cardio/pain) and QLTI's focus on ocular drugs of all things.
That being said, if the industry is moving back towards development over acquisition, there can't be a littany of cardio/pain drugs kicking around in Phase2/3 or waiting for FDA approval that are up for sale so that business model might enforce diversification of the portfolio. But the burn rate on QLT's in development drugs is pretty slow, and they have a bunch of cash in the bank undervalued by the market right now, so it might be just a play to gain access to cheap $$. Dunno.