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Re: slcimmuno post# 183635

Tuesday, 05/30/2017 2:30:05 PM

Tuesday, May 30, 2017 2:30:05 PM

Post# of 403253
This is exactly why Leo decided to run the smaller Phase 2 trials first. By spending several millions in short trials such as B-UP, P P2b and K-OC, he could get 10x more in upfront payments. Leo is trying to maximize shareholder value by taking the trials as far as he can.

Protagonist $125 million if it moves the drug into phase 2b and a further $200 million if it sticks with the asset after getting a look at data from the trial.





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