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Thursday, 01/07/2010 5:14:23 PM

Thursday, January 07, 2010 5:14:23 PM

Post# of 40
Could be big if they could get a licensing partner...

From the last 10Q:

Management intends to find a licensing partner to continue our development of Nemifitide, primarily in treatment-resistant patients which currently represents approximately 5 to 10 percent of the overall patient population suffering from the disease. Additionally, management intends to obtain regulatory approval to sell Nemifitide in foreign jurisdictions which management believes will lead to revenue generation. We can offer no assurance that we will be successful in identifying a licensing partner or obtaining regulatory approval in the United States or any foreign jurisdiction.

GLTA.

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GLTA.

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