Question-and-Answer Session
Operator
Your first question comes from the line of Jim McKennitt (ph) with American Healthcare Fund.
Unidentified Analyst
Hi Keith. Thank you. In your ongoing discussions, I'm looking for a European partner; has the financial turmoil made a difference for people holding back till they see what's going to happen in the larger world (ph)?
Keith Katkin
It's a good question Jim (ph). I think that the current financial turmoil has affected everyone really throughout the globe. I think, as it relates to Zenvia though at least the Euro is still strong, which is... which bodes well. But, as... I think people have asked previously about our overall business development interest, I can say that on the business development front interest remains high, either for a global partner or partners within certain parts of the globe.
That said, a lot of people are very interested to see the results of the Phase III study. And I think that upon completion of the Phase III study in September when we address the new profile and hopefully demonstrate the efficacy is still there within approved safety profile, I think at that time the dynamic should change dramatically because then we will move from essentially a product right now which people believe and hope will be successful to one that has actually demonstrated sure success.
Unidentified Analyst
Do you have a preference for a single partner for the world or separate partners in the U.S. and in Europe and Asia?
Keith Katkin
Our stated objective as it relates to partnership has been that we believe that we can commercialize PBA ourselves in the United States. So our first I guess preference would be to partner the Zenvia just outside of the U.S. And then we'll be open to doing that regionally.
That said, I can say that as we've had continual discussions with a number of people and they start to look at the asset on a global basis, but then they also start to look at all of the indications. So as we engage in the discussions, it may be more difficult to just pull out PBA separately and we may potentially be looking at some type of global arrangement.
Unidentified Analyst
Well, thank you Keith.
Keith Katkin
Thanks Jim (ph).
Operator
And your next question comes from the line of Ross Gordon with Gordon Capital (ph).
Keith Katkin
Good morning, Ross.
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