keep your eye on the prize, page-4

Whatever happens this coming week, we know PYC are bounding ahead.

If we see the partnership deal PYC/AZ finalized and no more announced, we know PYC is getting closer to their goal.

With this announcement PYC will have tugged the line of two active preditors. Two, could be enough to secure the long awaited finale.

If the next deal is the CD40L program. The upfront payments will make PYC financial for probably 18ths
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Just to clear up some points, I phoned PW on Fri.

He let me know he could only discuss what was already on the public record.

I asked if the West Australian Business News article was accurate? He said it was.

He said he believed the deal to be as big as any achieved by an Australian Biotech.

I mentioned that due to the extended delay, there had been speculation of a takeover offer. Could he rule this out?

He let me know, he had no comment to that.

We did chat about much more. Second stage with Roche later in the year, etc.

Made me feel he's looking to the future.

But I still wonder if there is something going on.
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