Way to go Chevy, the market is almost two hours from opening and you already state the PR resulted in no PPS increase expect for a minor couple of pennies. We longs sure do appreciate the prompt negative prognostication.
You take a PR that states a deal was made with company in the world's largest potential market and find nothing but negatives and so quickly too.
My concern with this deal is how are the Chinese going to steal the PPHM technology (remember Goldstein and TNT). The specific techonology that I'm concerned about being stolen would be the: "The approach is designed to use our fully-integrated process science capabilities and expertise to efficiently and effectively identify the best cell line that closely matches that of the innovator or reference product." And of course that assumes that this technology is actually effective in its purpose. If PPHM has leading edge capability in this area I would think it would be a much overlooked potential value adder to the company. I don't know how we can find out how PPHM's expertise/technology in this area stacks up against the best in the industry but I would think that the people on this board may want to look into this and attempt to find out.
At least with no dollars mentioned there shouldn't be any disappointment if we don't make that amount. Maybe we're better off with no dollar amounts mentioned. Remember the 50 million dollar DIOS deal? The 2(?) million dollar deal to manufacture TNT for Medipharm? Egads, I hope this deal isn't with Medipharm.
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