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Re: Aiming4 post# 1418

Tuesday, 10/10/2006 11:21:43 AM

Tuesday, October 10, 2006 11:21:43 AM

Post# of 52299
<<Do you see that as being before, after, or as part of the BP licensing deal?

And do you think it more or less likely that the in-licensed drug will come from the BP partner?

Thanks... Aiming4.>>

I expect the timing to be very close, but that will be coincidental, not planned. Every program of potential value is looked at by several possible licensees: BP's are going to Irvine for their on-site due diligence meetings, Cortex is visiting sites to conduct their own DD of those programs. At some point, they have to make their move, and they can't make that dependent on their BP deal.

I'd be surprised if it comes from a BP partner.

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