On a slightly less gloomy note, the IP the company has will very likely be worth having for further development even if the coming trials don't turn out as desirable as we would like. So I would not expect holdings to become valueless even in the event of a takeover after less than hoped for success from trials. It's not a lot of money for a cashed up big pharma. I guess the current sp about reflects that? So still worth the bet I think.
Good luck hangers on...
Pesa
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