The hope of course is for the elusive announcement for a partnership of sorts with some upfront payment & milestones that could eventually lead into M&A activity. Even if it was for a certain region not worldwide would kick things off & bring in cash, but there will need to be a cash injection down the line if we want to progress the drug to gain the required data (in patients too!) that BP & FDA need to see.
Ball is in management's court and while we are a long way from the under the radar given our trip to USA, collaborations with KOLs, City of Hope (friendship restored!) & our partnerships with universities surely we have discussions ongoing in the background. DXB just had an upfront $10m payment hit the bank today with up to $200m or so plus royalties so imagine what Bisantrene upfront & milestones could be given the triangle report on valuation for multiple shots on goal.
Don't forget the FTO opportunity ahead https://www.cell.com/cancer-cell/pdfExtended/S1535-6108(20)30216-6
Sorry for rushed post.
Ann: Trading Halt, page-49
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