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Hoya Saxa

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Hoya Saxa

Re: moxa1 post# 102471

Monday, 07/10/2017 9:45:19 PM

Monday, July 10, 2017 9:45:19 PM

Post# of 203907
Explanation received from OWCP re: low R&D:

"our R&D is either outsourced to a laboratory so it's booked as G&A or being executed by Dr. Baruch himself and the expense is booked through his equity compensation. The safety study is conducted in a federal hospital (90% of hospitals in Israel are governmental) which is a non-profit organization and as such, when the study will be finished we will just have to cover the direct expenses."
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