The meeting hasn't taken place and I'm not sure when it will. Their Board members live in various parts of Nigeria, so it's a bit of a logistics issue to get them all together and as has been reported recently, the Institute is dealing with a budget shortfall.
It's my belief that NIPRD is going to cooperate with the banks because they don't want to fight the lawsuit the banks filed to prevent NIPRD from awarding the license to another company (what the NIPRD board has to decide is if they'll work with the banks or fight them and find another company to license the product to). What that means is that the banks will stay in the "driver's seat" as far as Niprisan goes. From what I've heard recently, the bank debt has risen to well over $10m and they want to find a way to get it back as quickly as possible, meaning they are looking to the government to bail them out, or a large pharmaceutical company to step in and buy the company (I can see the first, but not the second). That's the word from one of the banks, but not all of them, so there's a huge battle that's been going on for many, many months as to how to proceed (which is why the factory has been closed for 18 months now). I've done everything I can to "sell" my plan to them and can only wait to hear what the banks or NIPRD decide. In the meantime, I'm looking at all options I can that will utilize the work that has been done over the last two years (building ties in the Sickle Cell Community) that can be of benefit to those with Sickle Cell as well as the investors (which is all I can say at this time).
