Mar. 21 at 3:45 PM
$SPRO the other thing about this situation is GSK probably is ramping up for first commercial sale after June 18. It is another
$150 million due to SPRO on first commercial sale. Imagine they want to get ahead of that with an acceptable M&A offer to control the antibiotic completely considering SPRO is currently
$130 million market cap (GSK owns 16%) and avoiding milestone/royalties would increase GSK profits ... and GSK would get a 15-20x multiplier on those profits in its share price ... theoretically