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Replies to #96447 on Biotech Values
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ghmm

05/27/10 6:55 AM

#96452 RE: DewDiligence #96447

ITMN had the option to convert their US interest into a pure royalty. I didn't look at the reworked contract but would imagine that would be their best avenue for further cost cuts. If I were to guess I would say they will wait to hear back from the FDA and decide to do that along with start another Phase 3.

I still haven't written 191 off... but now have no money on it either :-).