BIT 0.00% 7.0¢ biotron limited

Gilead is not going to spend this money acquiring BIT. If they...

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    Gilead is not going to spend this money acquiring BIT. If they wanted the IP they could have bought it last year for a fraction of this price.

    BIT has spent $40 million over the last 20 years to get to this point. If Gilead thought vpu a worthwhile target they would just run their own program to find a new drug that targeted this protein that then had a long patent life. They have 1000x the resources of BIT - do you really think their scientists couldn't find a new drug that targeted vpu if they wanted? They could replicate everything BIT has done for far less than the current MC.

    The reality is nobody in the industry thinks vpu is a good target. The good targets have multiple drugs and the bad ones none.
 
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