GTC Biotherapeutics (fka GTCB)

[n4807g]

I listened and am less concerned about the finances going forward. I agree with Dr. Cox assessment with the progress on partnering and I expect additional partnership announcements. For me the key point was his assertion that GTCB retain significant rights to future revenue and profits in any partnership arrangements. I think he referenced not giving away the store. What I took from that comment is the notion that they could have asked for more upfront and milestone payments at the expense of a greater share of ongoing profits.

This is a long term situation for certain, but the jumps in share price could be substantial on any positive news. I was ready to sell if the Ovation deal (or a deal like it) wasn't done and Cox had to give more excuses about delays. Now it looks good, and possibly very good.