This decision was rather predictable given the language in Ablynx’s PR from May 2011 (#msg-63230818, see bottom). Also see the related discussion in #msg-34955919.
Ablynx is holding a CC about this news at11am ET today. Expect a lot of spin regarding PFE’s decision to pull out, because such spin is very much Ablynx’s style (e.g. #msg-34954685).
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”