We are approaching a few weeks after the (June 30) PDUFA date
Edstrom comments from June
Okay. Well, yes, we are certainly involved in discussions with a number of companies. Some of them are involved in insulin and insulin -- or sorry, in diabetes and diabetes management, I should say there, with global reach and also with local reach. We, at this point in time, would expect that probably, I'd say, within, say, 6 to 8 weeks following the PDUFA date, we hopefully will be in a situation where we can finalize a partnership. The structure of the partnership, you could say it could be anything from a traditional kind of royalty base to a profit sharing to that in combination with potentially co-promotion arrangements. Depending on the -- whether it's a North American or a global partnership, those parameters will change a little bit. But our expectation is that we'll hopefully -- we can bring potential partner groups together, and certainly the label will be an important component for them in terms of making the final decision. That's why we believe that a few weeks after the PDUFA date, hopefully, we'll be in a situation to make a final choice and negotiate it.