NorthWest Biotherapeutics Inc (NWBO)

[Poor Man -]

That looks more or less like normal commercial rental rates for office space in that market.

The goods news is that commercial sub leases for prime property are relatively expensive at between $30 and $50/SF per year, so the arrangement looks commercially reasonable. The bad news is the lease is not entirely an arms length transaction because of the two related entities, and is probably priced a little richer than might otherwise be - but not by a lot.

Given that Toucan's responsible for initially funding NWBO, this is not much for anyone to grind their axe on.