I would say news of a deal could come any day, all

I would say news of a deal could come any day, all depends on Big Pharma and their time table. Although I would say that Innovation goes into that presentation partnered up with the (host) IMO. Just like the other financing they can choose to use it and is not a guarantee that they will need it. I would say that anyone shorting this should tread lightly or suffer the consequences.