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Sunday, March 17, 2024 11:41:48 AM
There is no indication they need more shares any time soon, and neither is there any indication of anything but great care in developing and not overspending to create the manufacturing up to now. The CDMO was and has been an excellent way to isolate costs and risks beyond the development stage and to do so parsimoniously, with the help of a local regional development authority providing funding and a promise to provide certain technological services to other small researchers and developers in return. It is innovative and symbiotic in its approach, to the community and actually quite responsible. An incredibly admirable approach.
Meanwhile NWBO owns completely the Flaskworks technology that will be used to automate manufacturing in later stages.
I own NWBO. My posts on iHub are always posted expressly as just my humble opinion (IMHO) and none are advice, just my opinion. I am NOT a financial advisor, and it is assumed that everyone is responsible for their own due diligence.
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