Since the initial term sheet is still in place, my SWAG is the " big Pharmaceutical company" was waiting for the Prurisol results and the EOP 2 meeting to assess the final value and offer before they finalize the agreement. I suspect we will hear something soon.
"We didn't get BTD for B-OM, which is also disappointing but not surprising. The market didn't think it would either. The question now is: where are we on the B deal. The company is no doubt hustling."