Sunday, April 23, 2017 3:55:37 PM
1. The reabsorption of the Pelican spinoff. This could be finalized sometime next week.
2. The participation of "an international pharmaceutical company" in the recent Shattuck Labs(another HTBX spinoff) financing.
3. Sabby taking a 9.6% interest in HTBX. Undoubtedly they know the latest developments regarding Pelican, Shattuck and HTBX trial news.
All of this activity make me think that something important is happening behind the scenes. Wolf has said that HTBX is interested in partnering and named several international pharmaceutical companies who are following the HTBX trials with interest. Has one of them decided to pull the trigger on a deal? These deals are always kept confidential until they are completed...but I would not be shocked to hear about a deal...perhaps sometime after the Pelican reabsorption is completed.
HTBX's gp96 technology, Pelicans "first in class" T-cell co-stimulatory drug and Shattuck's new combination checkpoint inhibitor/co-stimulator...constitute a huge addition to any BP's pipeline.
"The refusal of the real is the number one dogma of our time" Rene Girard
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