BK, You've nailed a lot of what was going to happen here. What percentage odds do you have on a partnership for B in the next several months? What is the ballpark upfront cash you expect?
Have to wonder if Leo basically has a partnership in the works, and plans to use the cash for the up-list. It always seemed to me that the Durata deal excitement he showed in the Cox interview was due to having a good fish on the hook and then got leverage for the deal they are willing to sign.
I might have to watch that Cox interview for a fourth time.