re: Ann: Phylogica Signs Collaboration and Li... Company's already stated they have sufficent capital until end of second quarter 2010. They also stated this is not taking into account any payments to the company which may be forthcoming "which we do expect"...
Roches next step is imminent & to progress through to the second stage there is an undisclosed eight figure payment which i guess could mean anything from $10-$99m...
GL
Ann: Phylogica Signs Collaboration and Licensing , page-14
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