Looks like there will be a settlement, not a buyout, since the key milestones for 2013 are listed. Not bad, the company will get tens of millions of dollars from it soon.
Sentiment: Strong Buy
A buyout was never likely but the fact that they mentioned the key milestones for 2013 does not eliminate that possibility. Perhaps CYCC will partner with another company in the near future.
Will find it out within 7 trading days.