PYC pyc therapeutics limited

Hi Tony,The new collaboration is not a discovery collaboration...

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    Hi Tony,
    The new collaboration is not a discovery collaboration although it could presumably lead to a broad discovery alliance. There are two key possibilities which may help categorise the arrangement;

    1. Cubist may simply be advancing the in-house work to proof-of-concept for out-licensing the antimicrobial phylomers,

    or alternatively;
    2. The initial POC may be setting the stage for a strategic collaboration based upon synergistic technologies.

    Presumably, the lack of disclosure is not to frustrate shareholders but conceal commercial considerations of the transaction.

    Wayne.
 
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