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Re: DewDiligence post# 207288

Friday, 12/23/2016 4:45:50 PM

Friday, December 23, 2016 4:45:50 PM

Post# of 257302
Re PTLA
Dew ..Dec 19th Bristol- Meyers and Pfizer signed a $50m loan agreement with them .
This loan is non-secured and does not involve any transfer of patent ownership or licenses . No shares , options , warrants etc will be issued in connection with this loan .

Repayment of loan is primarily thru royalties on commercial sales .
They ( BM and Pfizer ) appear to be betting on approval for some indications ?

Kiwi

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