Going forward..., page-916

agree with you @OneEye.
No takeover now, Fuji happy to wait, they're cautious, conservative and procedural, they won't care too much if they pay a few hundred million more in 6-18 months even for a relatively small reduction in risk...it's just a small dent in the numerous billions of cash they've set aside to invest in stem cells. I think that's a better result for CYP, a buyout now would give up too much potential. Fuji were also very patient with the CDI takeover. 

Exercise of option within 3 weeks (unless Fuji have been lying to everyone), and as @OneEye has stated, the bigger news following exercise of the option will be any result that comes out of anything else currently being negotiated with Fuji (and perhaps others)...I'm sure Fuji has bigger aspirations than just GVHD (which also happens to be a relatively small market).