biopharm, while on one side I can agree with you that Bavituximab and BetaBodies certainly have value in Calico's goal, the combat against ageing, I have a hard time to see calico as a 'potential' party that would either acquire or be that one major partnership that PPHM would sign as a significant PPS mover.
As I am not into easy one-liners I will develop the reasoning some more giving you more material to either acknowledge or challenge because I can of course be wrong.
Bavituximab/Betabodies
Longevity no doubt includes countering all biological reasons that could lead to death and not just the extension of life. Within that reasoning part of any longevity strategy must therefor be pro-active prevention against everything that could cross any successful approach of life extension itself. Diseases are no doubt one of the causes that could spoil the soup. Furthermore DNA damage or undetected modification and mutation thereof could be part of biological countermeasures slinking in to undo or diminish the effects of the pro-longevity measures.
With Bavituximab and BetaBodies, and possibly BB vaccines, the immune system could be enabled to play shorter on the ball and counter most viral, inflectional or mutational (cancer) and physical causes of damaged cells and/or DNA. Bavituximab will, IMO, certainly not be the main Calico molecule for longevity because it doesn't do anything to prolongue your live, it rather helps preventing to shorten it. Even if you take ALL diseases and external factors such as accidents away you will still eventually die within a certain age range largely dependant on your state of fitness, food, stress etc. As far as I understood it Calico is after extending that range.
Pocket Depth
We all know that Calico is baked by powerful non Biotech/Pharma companies our there founders, board members or CEO's. People in the ITC sector have clearly assessed that there is a cause for investment here. Furthermore they understood, very certainly based on the way things are in the ITC, that they needed to go for a strong and renound team of people. You mentioned Art Levingston yourself and we know there are others. But Calico's pocket depth is meaningless compared to JNJ/J, PFE, GILD and others in the Biotech/Pharma industry. It would have to raise money, which it can and probably more easily can because the underlying parties involved, but would actually invest in a company/drug that it DOES NOT need to own or control because when available in sufficient amounts, assume later this year or at the last begin next year, they can simply buy it and combine it with whatever their main cornerstone molecule or approach for longevity is going to be.
So my conclusion for this part is that Calico doesn't have the pocket depth, could possibly raise the capital, but would make a strategically poor investment in case of some acquisition attempt IMO. And as a partner they would certainly not be THAT partner that we are all waiting for and that would move Bavituximab and BetaBodies with the needed expedition.
Collaborations
Last but not least Calico, just like BP, will be in the patent war. It will need to make deals with others to be able to use certain patents on top of its own to reach its goal. If calico becomes the owner of bavituximab/Betabodies IP and pipelines then, IMO, they clearly loose their neutrality. Today BP sees them as a neutral player because they are in no way investing in the same types of pipelines as most BPs. Even more, if people live longer then there are a large range of products that BP produces today that people that will be much higher aged then the average population of today are going to need. The simple flue vaccine for instance, but also others such as a hip replacement/transplant for instance that itself will cause the needs for anaesthetics, surgery tools, pain killers, etc.
So Calico, from a strategic point of view is better of with this neutral position if it wants easy and hands free collaborations and lasting goodwill of BP. Owning the IP and the pipelines of Bavituximab and BetaBodies doesn't seem the right move UNLESS Calico would step up and would want to pursue its goal more aggressively, for instance because even with its neutrality BP has reasons to not collaborate easily or at extreme terms or cost.
AIMO.