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Monday, February 16, 2009 3:02:01 PM
So far as a HI deal is concerned, I believe Aiming is correct when he says that they wouldn't get anything worthwhile. Big Pharmas are focused on programs where they can see commercial potential in the near future, relatively speaking. The HI's havent shown that yet.
At the moment, LI's in SA and ADHD are of more value at the moment, and RD as well, since they have POC, even though it's a smaller market compared to those two.
Vet medicine would have seemed a painless way to get some cash, so the fact that we have heard nothing more makes me believe that Jim Coleman didnt have any luck raising partner interest, and instead moved on to bigger things (RD/SA/ADHD).
Personally, I don't expect to hear anything new at Roth, though I'd be happy to be surprised. If there was something material to report, and that's the only kind of news I care about, ordinarily they'd have to send out a press release beforehand. Now, with the market closed, perhaps that changes things. But Roth is a relatively local event,mainly Southern CA companies (it's all of 45 minutes north of here, and it's never been worth my time to go). it's not something with a high profile where one would aim a major announcement.
And nothing satisfying can be said until it is material and must be said, because until that point, it is confidential and still in process.
NeuroInvestment
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