News Focus
News Focus
icon url

DewDiligence

05/14/08 9:32 PM

#10900 RE: waynebio #10898

I think your analogy, which is often promulgated on biotech-investment message boards, is misguided.

True, when Big Pharma negotiates to license a drug, they tend to be hard-nosed on the terms dealing with economics and operations/control. However, Big Pharma do not typically decline to consummate a deal that incorporates the desired terms in order to squeeze the prospective partner into yielding still-better terms. Such a negotiating tactic would incur a large risk of losing the deal altogether to another suitor. Moreover, if “squeezing” were to hurt the prospective partner financially, it could backfire on the squeezer by lessening the productivity of the eventual partnership.

GTC’s partnership negotiations are (IMO) taking a long time because:

1. The terms are unusually complex insofar as ATryn has multiple potential indications with widely disparate addressable markets;

2. A prospective partner pulled out in March or April; and

3. A gap remains between what GTC thinks ATryn is worth and what the prospective partners think Atryn is worth.
icon url

jessellivermore

05/15/08 9:29 AM

#10927 RE: waynebio #10898

" Lets get serious"

waynebio.....no body loves a good analogy more than me,,but seriously yours has more holes in it than a Swiss Cheese factory....Forget the issues of how important the game might be{GTC would be an important one) and how many people wanted tickets....the plain truth is GTC is not a bum.

An old saying.....If you owe a man money, you may become his slave.....If you owe a man a fortune then he becomes your slave.

This saying goes to the issue of dependency and relationships that bind..The more people you have depending on you, the more allies you have. GTC has a number of dependents GE..who they owe money to, Merrimac, LEO, LFB and Protexia..who they provide essential product to. All of these organizations have a vested interest in GTC's continued survival....The rules of the FDA say "no substitutions"

You doom and gloomers, sorry but BK is not in the cards..GTC is not a bum,,, but a future money maker with a lot of interested "relatives"