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qotsa55

08/01/14 12:20 PM

#15705 RE: TheSaint09 #15703

TheSaint09...Do you know if Intellect would be due a milestone payment after phase 1b is complete? I'm not sure if Intellect gets a milestone payment when phase 2 is started. I could be wrong but I'm pretty sure that Intellect wouldn't be due a milestone until after phase 2 was complete. You are right about a partnership with a large pharma...that would definitely move the share price. I really believed what they were saying two years ago when they said Pharma companies were interested in CONJUMAB and thought we were close to a partnership. Now that they are saying that there will be more preclinical studies, I don't think they are anywhere close to a partnership. My hope is that Shire buys Intellect after phase 1b trials. GLTA