RE: Commercially sensitive information13 Apr 2021 13:54
So what was the purpose of the RNS? I am not sure what you are saying.
The grading of the outcomes are in my view quite clear
1- license out to Eli
2 - license in from Eli
3 - someone walks away
And my view is we don’t move to stage 2 until stage 1 is exhausted. At which point we will know Eli don’t want to take the option, surely? So until that is confirmed, and in line with my view of the RNS, were negotiated the terms of the out license deal.
I don’t see the confusion. I’ve made some sensible assumptions haven’t I?