RE:RE:RE:RE:RE:RE:RE:RE:somethings gotta give...Rump, I think your original comment about advanced talks is correct. Dr. Mandel plays it close to the vest but when he says partnering talks I think that's what he means as I'm sure they have had preliminary talks all along. With the critical data in or about to be in and BTD to follow it seems actual deals are to be discussed. I want to see where we go even with just BTD? That has to be worth something to the stock price.
Rumpl3StiltSkin wrote: CancerSlayer wrote:
Longholder99 wrote: CancerSlayer I agree too that timeliness have a way of being longer...way longer. Only consideration giving this hope of a faster turnaround for me is the delays with patient numbers may have given time for the homework to already be done. I wonder if the decision to proceed with a JV is only waiting for the BTD approval. Merck. Roche. Whoever has been watching this procedure/compound evolve doesn't want to be 2nd guy through the door with a cheque book to be looking at the go getter signing a deal. Simplistic visual but you get my point. PDT is the new frontier and Theralase almost has a bow on this package, ready to serve. I am hopeful this is the scenario.
In my mind, in order to maximize a favorable deal-making outcome, we should have a predetermined catalyst in mind that would trigger "multiple" suitors (preferably at least two), & then do everything possible (within reason) to hold out until that moment....more than two interested Pharmas would have the potential to drive an even more aggressive bidding war & a last man standing scenario imo. Would a BTD be enough to achieve that?
Based on our relatively thin balance sheet, any deal-making timeline may hinge on our short-term need for funding. Perhaps increased exposure/spreading the word with a BTD in hand will do the trick...assuming we can obtain a BTD prior to any need for funding...the timeline for funding is the biggest wrinkle for me. All imo.
I think if the CR numbers are as good as we hope shouldn't the BTD just be a formality to achieving AA? And will speed up the overall timeline?