The press release February 17, 2011 - Phylogica Announces Successful Collaboration with Roche - is not the long awaited option exercise announcement. Its the announcement you have before you have the big announcement.
It appears that Roche 'are delighted' with the progress of the collaboration. The expansion of the collaboration, heralded in the press release, has opened to door for negotiation to create a richer and more lucrative agreement.
Is an expanded agreement on the way? Of course nothing is certain until the ink is dry, however, it would appear that Phylogica is on track to deliver.
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LITHIUM UNIVERSE LIMITED
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