Conatus Pharmaceuticals Inc. (CNAT)

[fishhunter]

Yes lorema, that was THE key comment in the entire cc. I found it interesting that Mentos went out of his way to say it. It was obvious this was the case since every preso since late Dec said Novartis owned it as of Ph3 start. But I don't think many people understood it.

Man o man I love the Conatus business model. Do the initial development and research and some Ph1 and Ph2 work, then sell the drug to the big boys to finish and take to market with a rich royalty stream and milestone payments back to Conatus. It will be interesting to see what they pursue next.

I suspect we will all look back at today and wonder why we didn't buy even more shares.