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Re: Ovidius post# 6146

Friday, 07/18/2014 12:28:02 PM

Friday, July 18, 2014 12:28:02 PM

Post# of 9944
Let me give a shot at answering this.....and please think about my answers.

In talking to big pharma.....and I have to a small degree....my uncle was one of the founders of Amgen.....they like to purchase small biotechs at the right moment. When a pharma becomes a very big pharma they get in the way of their own progress....too much red tape. So they go around and find smaller biotechs to acquire but usually when the small biotechs finish most of their work.

That's why most small pharmas get bought up in the middle of PIII....the work is just about done by then. One reason they would make an offer earlier is if another big pharma made a move. Nobody moves until somebody moves then everybody moves.

Another reason they would move earlier is if the small biotech has a promising product but no money and they need to step in and partner to get it done. Do not expect this with PV-10 as they have the money for now.

Big pharma is waiting for PVCT to get all the work done on the drug. Stepping in at this moment would load it all down with red tape and corporate bureaucracy. Everything is proceeding now just like most small biotechs should. I find myself more calm now that the everything is following the formulated path.
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