I would agree with that point. This partnership is on every aspect a better deal for MSB compared to the Celaphon deal. I can see how it could justify a compatible SP value and some.
personally I'd like that.
Also I think at that time the tech was new and exciting. The market expectations were highly positive maybe without being tempered by the reality of the timeframe to commercialization.
In playing devils advocate and paraphrasing S.I. , one perspective is given the Celaphon fall out, years of trail work, R&D cost, cash burn the market is some what more weary of hypen and potential.
this coupled with being so close to serious inflection points regarding the two blockbusters, I'm not sure there will a large bull run until after readouts or another partnership.
that said. I'd love to be wrong.
i bought in pre LVAD read out and increased my position overwhelmingly after the read out, after reviewing the results and from the posters opinions on here.
i bought with a min of a 5 to 10 year holding veiw Unless one or both of the blockbusters don't show justification of commercialization.
all in all, 12mths the MSB landscape will be different one way or the other.
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