News: Phylogica partners with Janssen Biotech , page-6

LOL Andrew ......

It's always the way with biotechs despite the hype returning to the sector in a sense i guess & many companies going bannanas left right & center with optimistic views of the future & big dollar signs in their eyes - reality is these things do take a long time to reach that point & many fail along the way then fade out.

I think PYC is making some real ground in progress even though very little is released I guess the key points are - none of the partners signed since the restructure of the company & change in business model have walked out & on from the partnerships not saying that it's not possible that will happen at some point in the future BUT for now all have continued to progress forward after intial stages have completed - even if one walks out should it happen theres still 3 irons in the fire i guess, good risk weighting - secondly they still continue to attract further high calibre partners as is evident with the latest partnership J&J back again is certainly not something to blink at - they know the potential from the previous collaboration years ago - so why come back if it's no good ?

It really is a patience game - i don't doubt that it wont reward but without patience i don't think many will see it.

As for the Biotechs marking sharp gains left right & center I'd put it down more to market hype of "potential" & the next "10 bagger" than any actual developments on the companies behalf - i think alot are being blown out of proportion. No doubt there's alot of cheap bios out there in the graveyard but there's also alot that I guess are trading much higher than they should based on market hype alone. Balance always comes in the end though.

Best part of that video i think - this partnership will not raise expenditure ? as J&J are fundung the entire 18 months of research ?