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TheHound

09/21/14 6:14 PM

#70229 RE: MilesTeg #70228

I'm not so sure. Could happen in the next year or so.

If I could pick... I would definitely pick buyout at the end of a successful K Phase 1. I'd be more than happy with 5 to 10 million.
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Minotaur

09/21/14 6:24 PM

#70230 RE: MilesTeg #70228

Touche' Miles
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Chemdeps

09/21/14 6:26 PM

#70232 RE: MilesTeg #70228

Miles: I was under the impression that CTIX might partner with a big pharma on B to get set up financially to finish K and P on their own. I never thought they would take a buyout for all three, just B since they indicated that they had signed previous confidentiality agreements with one or two of the big boys interested in B. Sierra world equity has to be lucky once in a great while!