"Although making strides in Phase 1 - almost all biotech is bought out at phase 2."
Whilst that's true, we have seen multi-billion dollar takeovers of pre-clinical assets.
It all depends on what you have I guess.
Also, if you are a big phama looking at cf33, do you decided to wait until phase 2 data comes out and the whole world (and your fierce competition) knows about it?
Strike first in my opinion.
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