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frrol

04/21/18 2:07 PM

#225503 RE: CanesNH #225473

The mid-stage results are in on B for most general applications. It is up to BP's now to determine what they are willing to pay for a partnership, and I am confident we are soliciting them. I am also confident that if a deal is to happen we will be hearing soon. And if we do, I hope we will be provided with estimates of revenue range to the company. Sometimes the back end details and estimates are not given. In those cases, the markets are left to guesstimate, which they will of course. It will be difficult given the breadth of possible applications. (Of course assuming a broad deal for B.)