"What does all this mean for BEN? We do know that, as late as the Perth Showcase Lunch, Paul Watt intently stated that "[Phylogica have] achieved the milestones on all of our Pharma relationships."
That could also be a viewed as a very open ended statement - all partnerships have been extended at some point and some multiple times since the initial agreements where first reached. But simply referring to a past event does not provide any confirmation that all partnerships are still alive or that the next round of milestones / goals have been met in one if any of the partnerships. It's a statement that bares an element of truth so can't be wrong in putting that forward but it also doesn't imply that the next stage of agreements have delivered. You could still have made that statement in reference to past events even if they were no longer there as at some point they had been achieved.
Mediimune/AZ took the candidates 18 months ago and - no word ?
Roche - what happened to the February date ?
Pfizer - has been fairly regular with milestones however the last one 12 months ago & I seem to recall the company highlighting the hope for a decision by Xmas 2012 ?
Jansssen - alive and well with the recent extension.
PYC Price at posting:
1.9¢ Sentiment: None Disclosure: Held
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