Anavex Life Sciences Corp (AVXL)

[Gator328]

But why would Dr. Missling release the data now if he's not required to? Doing so would deflate the CTAD presentation's impact and give hack pseudo-journalists the opportunity to pre-write their data rebuttals. What's wrong with waiting for CTAD if the data is truly a game changer? I don't see the logic there.

I put the odds of a partnership announcement this week at 3%. It'll happen one day, but most likely not anytime soon. Dr. Missling gains full leverage after the FDA approves the drug. Until then, any negotiations will be predicated on the remote possibility of an FDA rejection and will bake that risk into the amount offered for the partnership.