PAB 14.3% 0.3¢ patrys limited

1.From the 27MAR14 ASX Announcement "Final Data Confirms...

  1. 56 Posts.
    1.

    From the 27MAR14 ASX Announcement "Final Data Confirms Successful Phase I/IIa Clinical Trial for PAT-SM6", paragraph 6:

    "These data compare favorably with another antibody (Elotuzumab)..."


    1.1

    What happened with Elotuzumab ($710M):

    "Bristol-Myers Squibb is paying $30 million upfront in a licensing deal....And it will pay up to $680 million more if the Phase I cancer therapy hits all of its development and sales milestones."

    http://www.fiercebiotech.com/story/bms-inks-710m-development-deal-pdl/2008-08-20


    1.3

    PAB's current market cap ~$30M.
 
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