Anavex Life Sciences Corp (AVXL)

[TempePhil]

Here's why nothing materialized after signing the MTA! Guys there are infinite possibilities as to why Biogen/Ana never pursued after signing mta.

I have signed dozens of MTAs with companies. I would guess maybe one in ten goes anywhere. Why does nothing materialize after signing an MTA? Many many reasons, here are a few...

No manpower to study
Some high priority issue came up, no time to investigate
Determined it did not fit into product line
Poor decision to not pursue
Decided to partner with another company
Product not developed enough to make it worth pursuing
Manager that was interested changed his mind
Interested manager left the company
Layoffs, no resources to pursue

And the list goes on and on and on and on.

None reflect on the product being studied.
No PR is ever released as many MTAs are signed every year, going nowhere!!