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DewDiligence

06/23/08 8:51 PM

#12041 RE: poorgradstudent #12040

>My comment was simply directed at johnbits and his off-track suggestion that a company need have all the cash on hand before signing a deal with tentative milestones and royalties.<

Please see #msg-29650860.
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rkrw

06/23/08 9:26 PM

#12044 RE: poorgradstudent #12040

That's for sure. If gtcb is fortunate enough to see those payments it would mean atryn would be doing very well for ovation.



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DragonBits

06/23/08 11:21 PM

#12055 RE: poorgradstudent #12040

pgs, call me old fashioned, but the market reacts differently depending on the size of your partner.

For instance, if Baxter or Genentech had signed the same deal with GTC, I dare say the stock would have reacted much more positively and would have held its gains.