I thought the deal Pharmaxis did today was interesting...http://www.copyright link/business/...50m-beohringer-ingelheim-deal-20150518-gh45b1
$39m up-front based on interim data that has not yet gone through clinical trials. Doesn't sound too far away from where PYC want to be by year-end, i.e. getting into the clinic with a few internal projects.
Might solve a few cash flow concerns if they could pull something like that through..
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