The pipeline is far too valuable. Leo has been in dozens of negotiations to date. Just today we find out they were invited to one of the LARGEST BPs home office to meet with the CEO AND TOP SCIENTISTS WHO WERE FLOWN IN. Did you know that? There are another dozen or so meetings we do not know about. There is way more interest than we all believe and imo the long wait will pay off big time. This is not BP scared of us...or committing.....this is IPIX filtering through to find the best partner. These are multi billion dollar drugs. Potentially.
Here’s another thought. Do you honestly think Leo would include IBD in this deal if it was not substantial. Hell no. If he was begging....he’d give up something like OM alone for the first deal not include IBD which is one of the most lucrative indications currently.
Just saying. Share price has everyone feeling scared. Let’s see if current term sheet is finalized soon
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