Anyone with a basic business degree could figure out the cost cutting actions needed to happen. Don’t give too much credit for the obvious move. All this tells us is they back to stage 1 status. Which means new rounds of funding it.
"The thing that bothers me about AXAL is that Ken is very open with the fact that we're in talks for HOT. It's plastered right on the slide deck. We have absolutely nothing from him around AXAL." ___________________________________________________
CD - Not true. See slide #18 of September deck.
For AXAL/Cervical - "Actively seeking partner for cervical cancer program".
For HOT - "In discussions with multiple parties".
Those comments are on the same slide.
The fact that KB appears to still be "actively seeking a partner for cervical cancer program"... is not as good as the guidance on HOT, but my point is by all accounts KB hasn't thrown in the towel on AXAL/Cervical, yet.