NorthWest Biotherapeutics Inc (NWBO)

[learningcurve2020]

This is the problem with AI and lazy dd. Add the human touch and dig a little deeper and you’d know this can’t be right.


>> Why the Relationship Changed
⚠️ Financial Breaches:
NWBO had repeated breaches of payment obligations to Cognate due to severe cash constraints. Previously, due to Powers’ control of both firms, Cognate tolerated non-payments. But after Cognate was sold to institutional investors in early 2018, they no longer tolerated delays. NWBO’s management explained that continued breaches could result in termination of contracts?Annual Report 2018.