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Re: DewDiligence post# 10697

Thursday, 05/08/2008 11:29:42 PM

Thursday, May 08, 2008 11:29:42 PM

Post# of 19309
That about sums it up Dew and I agree with your musings...

However, given their past history of promising what does not get done, at least from a business point of view, what makes you so confident in saying:

"This was a serious setback but not a fatal setback because other companies are interested in ATryn and GTC has reason to believe that a new deal will get done by the end of June.
That’s good enough for me."


What makes you trust in their confidence that a deal will be signed by the end of June? I ask this question especially in view of the opinion expressed by Newburry to oldberkeley, namely:

"This additional interest re-inforces our confidence that we can successfully complete a partnering arrangement for ATryn in the US."

That is sort of scary because it implies that previously they were not even confident that they could make a deal for ATryn US...

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