I dont see much happening on clinical fron till mid to late 2006.
They are hoping to license some compounds this yr.
I think the buying is probably institutions taking positions for next yr. Unlke most bios (excepting acl,spl,acr,pbo) BNO has lots of money and has a growth record.
They also hinted that they will takeover/buy another aus company. I dont know enough to say who
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