The main reason disclosure is so tight is to protect the partners interests & blanket it as much as possible from its rivals.
Think about it Phylogica a company of 25 employees - 5 in the office 20 in the Lab has individual partnerships with 4 of the worlds Top 10 Pharmaceutical companies.
Wind that down again a bit 20 people in the lab handling the R&D of 4 of the largest Pharmaceutical companies with a combined annual R&D expenditure of $25b+
All 4 are looking at where their partnership is knowing that Phylogica is continuing to expand & reach more agreements while their targets are literally being screened alongside each other by a very small group of individuals. You bet their trying to keep the blankets up.
PYC Price at posting:
3.7¢ Sentiment: None Disclosure: Held
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