Have you ever heard of a private company hosting a public conference call like that?
Perhaps Portola wants the publicity to put itself in play for a quick takeout. An alternate explanation is that the CC is being held at the behest of the partner, who wishes to remain anonymous until Thursday morning, US time, so as not to affect early trading in Europe; however, betrixaban doesn’t seem like it has enough cachet to warrant such special treatment.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”