"Positive developments in the foregoing initiatives could also result in more substantive interest from third parties by way of licensing and collaboration agreements, joint development initiatives, and other partnership opportunities.“

"more substantive interest from third parties" sounds like there is not a partnership or BO ready and waiting to happen. But the hold lifting will open up much light at the end of the tunnel.

So happy to see, in black and white, that something was submitted with the hope that the hold will be lifted. Fingers crossed.