I'm very curious to hear if Senomyx will decide to keep salt modifier for themselves and attempt to develop. So far, the strategy has been to derisk everything by splitting development costs with partners. While this has been a pretty good strategy to prevent dilution, we don't really have a sense for future market value. Since salt modification seems to be such a biggie, I really hope they do better than 4% royalties if they're able to actually create a molecule.

In prior CCs, Senomyx has said they have some ideas about projections for certain molecules, but that they're going to wait to provide this information. It'd be great to have some more clarity--even a conservative number!