my take........... The plan, I think, was to market and sell T36 hand gel, and surface disinfectant, to generate enough income to further develop the therapeutic agents(which would then generate the "serious" profits-That was the main goal)...... They used their contacts to get some financing from investment, landed the Olympics- the problem was, there was(is) just too much competition in that arena(Purell, etc)- so, they have not been able to get to the next level- that, in conjunction with the horrible climate for investment- It looks like they may not be able to hang on, but if they can, may still get those therapeutic agents yet.....
