KarinCA Friday, 05/17/19 02:33:14 PM Re: TheDane post# 263708 Post # of 271240 Both term sheets cover IBD and that doesn't work unless the first one is off the table. In Reply to 'TheDane' Got it. But I’m missing the overall point of the discussion. Is the assumption that the first Term Sheet signer is no longer in play (nor any others) because now another BIG PHARMA! has “first right of negotiation?” To follow KarinCA, click here then click "Follow This Member" under my photo. Be kinder than necessary, for everyone you meet is fighting some kind of battle.