Replies to post #11218 on GTC Biotherapeutics (fka GTCB)

[DewDiligence]

>IMHO, GTC has already decided on a partner and has an agreement exceptable to both parties<

Does this mean that either party can take exception to the agreement and bow out at any time? :-)

[dodah_2]

"The "partner" will provide the funding of the operations for the forseeable future obviating the need for money from present partners or for any drastic reduction in their pipeline."

That sounds like more than a partner... no more financing thru dilution? I hope your information is as good as it sounds. The announcement cannot come soon enough...

[DewDiligence]

>The "partner" will provide the funding of the operations for the forseeable future obviating the need for money from present partners or for any drastic reduction in their pipeline.<

This sounds like a financial partnership rather than a development and commercialization partnership. Many biotechs companies do have such an arrangement with a financial backer, but this is contrary to what GTC has publicly stated vis-à-vis the kind of partnership under consideration.

[floblu14]

>The "partner" will provide....<

Who, pray tell?

1. Warren B.

2. B. Gates

3. Mo, Liposky & Woloshen

4. Sweetheart

5. Obama

I need a name, to calm the wife. Hint, hint, Jesse, pretty please - I'll give you an extra stuffed goat at the meeting --

[read_this_n0w]

wishfull thinking?

[gym gravity]

smells a lot like amln when symlin was their only (almost) drug and the stock was like 35cents.

[doofus_king]

interesting, smells like private equity is taking control. or is that bullshit that i smell.

[oldacct]

This would make sense for Genzyme since I know
they don't want to own GTC, but really don't want
to let it go.

Mangement must know of some sort of financing or
they certainly would be making budget cuts.

Believe me if it's Henri's money there will be cuts.

[waynebio]

<I forsee no change.... They will provide only milestone payments and agreed upon royalties etc. except in the case of LFB which will take over some costs of Factor VII.

For reasons I do not care to divulge.....IMHO GTC has already decided on a partner and has an agreement acceptable to both parties. The "partner" will provide the funding of the operations for the forseeable future obviating the need for money from present partners or for any drastic reduction in their pipeline. Details of the proposed deal should be announced before the annual stockholder meeting.....>

Strange you went from our current partners helping with the cash problem to some future partner with reasons that you can't share. My point about the "bum" analogy is that we are in a very weak position to negotiate with our current financial situation. Do you see a hole in this? Second point is that current shareholders will be screwed to the point that future "partners" or "financers" will be the ones to pick up outsized benifits from the technology in comparision to shareholders, probably even shareholders who buy at current prices. Given the apparent value of the technology, a good question is whether or not management has been inept or corrupt in their actions. Either way it does not look good.

[DewDiligence]

>IMHO GTC has already decided on a partner and has an agreement acceptable to both parties… Details of the proposed deal should be announced before the annual stockholder meeting.<

Do your mean “before” as in immediatelty before or as in anytime before. If the former, what would be the reason to delay the announcement? T.i.a.