The Assets sale is a part of restructuring to generate CASH to survive longer!!!
AFFYMAX being a SHELL company and in the process of restructuring, this sale is nothing but to get rid of intellectual properties and the office space not needed to generate CASH. Remember they will only be collecting Milestone payments and Royalties once OMONTYS is back in the market.
You got it right. May be they were never LONGS to begin with. Anyways, what AFFYMAX is doing one-step at a time, is exactly what they had been indicating all along in their filings, as to run as a SHELL company only to collect payments from TAKEDA.