It's beginning to look a lot like ....... partnering
I haven't confirmed it yet, but if HB actually said that a decision on partnering Europe will be made in the first quarter of 2012, and
Based upon what he has recently been saying about addtional financing, and
Given the fact that an Asian trial has not, and will not be commenced until next year.
It not only is beginning to look a lot like christmas but also beginning to look like we will have a European partner in Ponatinib, in the next few months.
I further suspect that the upfront payment will be somewhere in the neighborhood of $150,000,000, which will probably enable Ariad to continue with all the planned trials and hold us over until sales come rolling in, without any further dillution.
As usual this is JMHO
Barry
