Come on!! Other small biotechs are getting hundreds of millions to pay for these studies from sponsoring BP. BLRX couldn't get a dime?? This CEO is %*^&(* TERRIBLE. This is not a deal at all!! It is nothing more than: "Ok you can study your drug with ours". Come ^*&(* on.
You know what this means too, this is an EXTREMELY expensive study and this JACK^*^&(ass CEO just passed the cost on to shareholders = dilution massively