PER 2.50% 8.2¢ percheron therapeutics limited

licensing due diligence, page-4

  1. 2,843 Posts.

    "The Company is well advanced in its planning for the next trial of ATL1103 and expects to be in a position to commence the trial by or prior to mid 2012 with interim results potentially available in early to mid 2013."

    Whilst i love all the speculation the fact is the paragraph above from the 9/2/2012 announcement.
    With regards to funding speculation could go from CR to LajollaCove type funding , to pharma company partnership to closing up shop altogether.
    Nooone knows so all this hype and speculation is pie in the sky.
    What we do know is this:
    Fact 1): ATL1103 expects to be in a position to commence the trial by or prior to mid 2012 with interim results potentially available in early to mid 2013.(And thats only phase2 trial.Phase 3 will proceed after Phase3.
    Fact2) noone has any idea with funding and ANP are in need of capital to even get phase2 started.
    IMO its either a CR plus consolidation of capital of a convertable note similar to other bios re LaJollaCove type situation.

    Cheers
    Rob
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