Ayala Pharmaceuticals Inc (ADXS)

[huskercatman123]

Hi Bourbon, I am still struggling with understanding why anyone would want to buy the company after the AMGEN deal? I am assuming that if anyone other than AMGEN bought the company, they would still have to honor the following:

Advaxis entered into a collaboration agreement with Amgen, where Amgen has exclusive worldwide rights to develop and commercialize ADXS-NEO. Under the agreement, Advaxis is leading clinical development of ADXS-NEO through proof of concept and will retain clinical supply and manufacturing responsibilities, with Amgen funding all clinical and commercial activities.

Maybe I am missing something here; but I see NEO as the probable future in both the US and EU. I personally think that Advaxis is probably going to be an independent company for a long time.