I guess it all depends on how strong a position Recce are in by the time enough results have been made public. By that I mean how much cash left in the bank and overall market cap. If MC is large enough pharma might try and license rather than buy everything but I would be surprised considering how breakthrough the tech is. we see plenty of billion dollar buyouts in other areas when the big guys want something so why not here. Current mc would be pocket change for them but I assume it would double at least on good results? Would probably need to be north of 800 mil just on burns results, but I'm just guessing. I agree income and royalties would be great but hard to see big guys committing to paying millions for the next 20 years plus of a novel new anti biotic
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