Wednesday, January 23, 2019 8:55:23 PM
It will move fast when funds are available.
Untrue. I think we're inside the 3 month window of closing a deal based on that term sheet. 6-9 months from the term sheet announcement is the appropriate time frame. We're right around 5 months.
And it had great results for a proof-of-concept. Rest assured it was performed with enough integrity that BP is eagerly eyeing the results...hence the term sheet on both OM and IBD.
Polymedix had other problems and it was ultimately bad debt and another failed drug that sunk their ship.
B will end up as our savior. Hell, it might even save your life or one of your loved ones in the near future. I hope, when the day comes that you need a Cisplatin regimen, that you have the integrity to turn down the B-OM when the doctor offers it.
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