RE:RE:RE:Steven HarrisonYou are putting this in a more proper context probably. And I think that's right. He is all over the industry. I'm totally in the same camp as you -- deals take a lot of time and it is definitely born of pragmatism. The FDA sort of forced pragmatism into the equation and adding that interim read is a solid add-on in my view. I still think there's the Plan 1A -hiring the bankers to narrow down serious partners, and a Plan 1B -prove TH1902 POC, move ahead and hope share reflects the new path of this potentially valuable pipeline asset, raise $100mil north of $10 and be on your way.
qwerty22 wrote: I was just thinking it's a difficult space to do a deal in, you went a whole lot darker. Just to try bringing it back toward the light. Harrison has his fingers in many, many pies. I expect it's a more general impression of the situation rather than thtx specifically. I think you and me think the deal making process takes longer. If thtx are having any success than it's probably still early/mid stage. If that was the case then I don't think that would make much impression on Harrison's overall opinion of the state of deal making in NASH. Still definitely an uphill struggle. To be honest I've always thought THTX's 'decision' to look for a partner was driven by pragmatism. More just a recognition that something needs to change before they can activate the program.
Wino115 wrote: Putting 2+2 together, Harrison was just talking with THTX management about their program and has been hired as a KOL/Advisor or something and he very clearly states in the podcast that money pursuing NASH is on the sidelines right now until a success is seen. This leads to the inevitable conclusion that some of Harrison's opinion is informed by tidbits he may have picked up around the THTX NASH partnering process. Pure speculation, but I'm pretty sure he would not have said that if he had heard there were multiple ongoing discussions that happened quickly from Paul.