Biotime did aggressively persue hESC ip, but it's not like they were greedy about it, NOBODY else 5-10 years ago would touch it. Now things are starting to change and Ithink West had guts to chance it and now partners are lining up to host their clinical trials.
This proves that the future of the use of stem cells within the medical industry is NOT just either embryonic or adult(skin). Take for instance autogolous stem cell transfusions, these are safe and proven and used for decades . Stem cell transfusions use PROGENITOR stem cells.
BTW, BTX also has extensive ip on stem cell growth factors which will also be an avenue along with 'off the shelf' progenitors.
Now that its clear cable companies have lost and internet/phone service providers have won AT&T will dominate. Take a look and see T's maximum chart. $60 range in the early 1090's when economy hit bottom.
Good chance within the next five years T shares will pop as economy stumbles. Netflix, Hulu, Amazon and content providers will take a hit while T phone users will grow.
My take is that BTX will sell OCX after they reap profits over the course of 2016. If so the buyot would likely occur just before the release the 2.0 version of PanC. OCX will at that point be $12-20 and the buyout will fetch a share price of $25-$30.