NP said he was talking about partnering with a major company with a major amount of cash in hand, he later mentioned a merger, and then said he would shed some light on how deep they were already in those conversations. He has been pushing these Phase IIs for mTNBC, NASH, mCRC all summer, and is saying it is worth hundreds of millions of dollars. Obviously these conversations around a partnership or merger take longer, and obviously with a larger company, at least the size of Regeneron.