Ayala Pharmaceuticals Inc (ADXS)

[mypekeispooped]

I lifted this from the CVM letter to shareholders I found on SA today. I did not investigate the veracity of the quote or the nanes of the companies that were sold but, if true, may bode well for any negotiations Advaxis is conducting:

"In the past 18 months, several successful Phase 3 cancer immunotherapy companies were sold for $7 billion to almost $12 billion. They had positive survival data from their pivotal studies, but had not yet received FDA approval. In addition, recently one cancer immunotherapy company with Phase 3 studies that were not yet complete was sold for about $1.6 billion."