GTC Biotherapeutics (fka GTCB)

[joethdo]

I agree.

But I think if we lived in less interesting times they would have been able to secure a line of credit or another nondilutive facility. However, given that the banks are searching the world over for money to shore up their balance sheets, I think lending money to a money-losing biotech that MIGHT make it big is not at the top of their list.

They should have gone to the Massachusetts pension fund or something. I think it's high time that states started their own sovereign wealth funds to encourage the growth of small buisiness. (Yes, I'm only half-serious about that one.)