By all expectations, inc Prana's, Phase IIB was to be on the road by now? if a deal is prolonged any further then I can only assume it is due to the credit crunch....the buyer simply cannot get there hands on the funds? To suggest no one is interested in PBT at this stage of developement is surely not possible! Alternatively a big cashed up pharma who has their hands on funds now goes to the front of the canditates (everyone else possibly could of fallen by the wayside?). Anyhow no one appears to be selling which is a good sign, given that Goldman Sacchs appear to have something to do with the process?, any increase volume on the sell side will tell. Lets hope news is soon, not just for investors sakes either. Boots.
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