Avita Medical Ltd (RCEL)

[inversor86]

I have a good friend that used to run the emerging business unit for Shire pharmaceuticals. I defer to him usually because he knows how things are run inside a large pharmaceutical company... That is where the Novartis idea came from, originally tossed around by me. Same person thought ReCell would be a major benefit to Novartis because their regenerative medicine portfolio isn't very strong.

Generally, for an SVP to start dividing his time, there needs to be a purpose or at least a potential benefit for the company they really work for. In this case, Novartis. Maybe it'll happen maybe it won't but it's a reasonable conclusion.