Thursday, May 10, 2018 10:48:50 PM
To me that says nothing about expanding or going bigger. To me that says that they are done with labs and compound discovery. They have their 3 drugs. They are focused on BUSINESS DEVELOPMENT. I would think the headquarters would be small and business like... Maybe in Florida near Leo?
They have brought this company to a point where most Bio never go. 3 Drugs all in mid-late stage and very promising ....... No one ever gets this far ----- EVER without a deal and we have. Dilution - absolutely it occurred. Bad dilution - no. We added over 60 million in shares in 8 years but in those 8 years brought 3 drugs to mid-late stage. In a couple weeks we will have 3 drugs at the gates of phase 3! and all will be blockbusters.
Sorry, just had to give my 2cents. I don't read that quote as going huge and buying new space for a 100 person operation and labs. I read it as downsizing to a small affordable BUSINESS DEV Operation. All deals, managing and reporting to PARTNERS. Or maybe just a place to have 3rd parties send HUGE million dollar checks :)
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