NorthWest Biotherapeutics Inc (NWBO)

[biosectinvestor]

Clearly not true Re NWBO. And those other companies are different industries.

Even so, Microsoft was not profitable for its first decade, which is hard to do with a software company.

Drug development and new biotech platform and technology development are completely different animals. Decades of development with no marketable product and not income is typical. It doesn’t mean that nothing was done and no shareholder value was created, and the 5 year return here is quite good for a biotech and for any investment generally.