These are the Phases, in our case we had 9 or so patients in phase 1. Phase 2 is about 100 I think. Once phase 2 results are released (which are coming before Christmas) that’s when buyouts and deals start happening. That’s why everyone is so excited, especially because our CEO keeps saying how good the data is. She also exercised $400k worth of options a few months ago to prove her commitment. We are in a huge position for a potential $2 billion plus US buyout, but may very well be a partnership. Pocket change for big pharma.
Rubbing my ball, page-467
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