Quote:but ultimately i think merck and BMS are the suitors waiting in the wings and that they have the ability to keep everything else at bay until they are ready to go.
You make it sound like big p companies are working in tandem. They're not. They are competing, and if they're both interested, one of them might want to snatch up before the other, so as to avoid an auction-like bidding war. So I don't think you can definitively say what stage they will wait for. If they see PD-L1 expression raised, they might be smart enough to see what that means.