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acgood

11/19/08 6:09 AM

#15257 RE: DewDiligence #15255

According to my reading of the 10Q though, LFB has already taken their ownership staked of the joint venture programs from 50% to 87% by spending about $6 million...how do you expect them to get much cash for the remaining GTCB stake?
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pharm

11/19/08 7:37 AM

#15259 RE: DewDiligence #15255

Dew, would in your proposal the ultimate result be similar to the Merrimack partnership where GTC is simply the producer of the drugs and LFB the owner of the intellectual property?
I would very much support this idea.