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Re: govorchin post# 201131

Tuesday, 10/24/2017 1:20:26 PM

Tuesday, October 24, 2017 1:20:26 PM

Post# of 403096
I understand Gov. but everything you say is not in Leo's control. No matter who owned B or K or P, the trials take time. Even if we had a partner, the data will come when it comes. They may have more influence with the FDA but it would be minimal imo to tie to market.

I understand your frustrations, but today's news was great. We OFFICIALLY have marked the date we are OFFICIALLY moving forward on plans to add Crohns and UC under the B umbrella. It's official. They have requested a meeting with the FDA. In bio that is something. Not just an empty PR. IMO.

If there is no partner by early next year I will be disappointed. I'm hoping by the time I return in late Feb there is some agreement in place. It all depends on the data readouts though. If P comes back at 55% PASI 75... ummmm I would imagine the bidding would be intense OVERNIGHT. If it's 25% PASI 75. We may need to wait.

Competition on bidding is what creates a fast moving deal process. If only one BP is involved a deal could take years. IMO.
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