Here's my "reading" on the partnership. Mariucci has told us that there are ongoing partnership discussions. He has also told us that prospective partners do NOT need to see the data that is going to be presented at SABC in December. Furthermore, he has stated that CLDX hasn't met with the FDA on a design for the Phase III. Yet, he has told us that the Phase III will begin, no matter what, by the 3rd quarter of 2013. I put this all together and I get that there will be a partnership before SABC and that the partner will handle the design of the Phase III and all regulatory issues with the FDA. (Remember this post!!! LOLOL)