Corporate Update.
'Corporate' after an announcement like yesterday would be highly unlikely to be negative.
Capital raising, no. The are flush with cash.
Takeover, unlikely. I don't think SI would put 20 years into it and accept a relatively small multiple on the company. He is more than that.
Partnership, likely.
CLBP partnered for Euro/Latin [Grunenthal], ARDS partnered (+GVHD) [Novartis], CHF [tba], CLBP USA [tba]
Hopefully, CLBP results + Partner.
But for me, makes most sense that a partner is in wait of the CHF result and now has pulled the trigger.
Ann: Trading halt, page-203
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