GTC Biotherapeutics (fka GTCB)

[biopearl]

Dew, Thank you for this analysis. While not too attractive it beats bankruptcy and preserves some value of the stock for existing shareholders. My initial impression of a reasonable marriage between these two looks a little more like a Hollywood prenup than a marriage of equals. Its a shame since GTCBs IP seems by far and away more valuable than Pharmings. I guess we continue to hope the Red Sea parts and a partner for CD 137 emerges, Dr. Ready wants to make FOBs in goats, Bill Gates makes good on his commitment for a malaria vaccine, goats cure Alzeimers, or an existing partner extends a line of credit. Maybe all at once! Again thanks for answering my questions. Regards, bp