InvestorsHub Logo
Followers 21
Posts 2255
Boards Moderated 0
Alias Born 12/05/2021

Re: aesop1 post# 597052

Tuesday, 05/30/2023 3:12:16 PM

Tuesday, May 30, 2023 3:12:16 PM

Post# of 635774

There is a difference between establishing internal manufacturing versus setting a cdmo up owned by the ceo's fund. Big difference.

yup but they keep on calling it NWBO's CDMO whereas the owner is Toucan, not NWBO. If NWBO owned Advent we would now after MIA be at $ 3 a share.

The fantasy story now is its better for NWBO to start and fund a third-party CDMO from scratch than to contract an existing third-party CDMO with tens of years of experience 4 billion in revenue and 21000 employees because somewhere another biotech got rejected by the FDA.