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Re: rkrw post# 97877

Friday, 06/25/2010 2:21:39 PM

Friday, June 25, 2010 2:21:39 PM

Post# of 257301
>BTK inhibitor

So together with PCYC and Avila, that makes three programs I am aware of.

Gilead will acquire CGI for up to $120 million, the majority as an upfront payment and the remaining based on clinical development progress, all of which will be financed through available cash on hand.

CGI raised over $60 million, so not a great exit for the VC's.

Peter

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