It looks like Koos is planning on licensing HemaXellerate I, which IMO is the smartest thing he can do. Why settle for 1 billion, when you can make 10 billion in 10 years. Also I wonder about licensing and if it will legally protect us, where the licensee is responsible for issues with the treatment. If so, that would be a huge reduction in liability that a lot of Biotech Pharmaceutical companies face.
"The Company estimates that the total costs for initiating and completing Phase I, Phase II and Phase III clinical trials with regard to the HemaXellerate I product shall be $6,000,000. The Company’s current intention is to initiate and complete Phase I and Phase II clinical trials with regard to HemaXellerate I and, upon successful completion of a Phase II clinical trial, seek to license the product out to one or more licensees."
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