Replies to post #64559 on NorthWest Biotherapeutics Inc (NWBO)

[austinmediainc]

ARGS has 100 employees? So let's assume the average yearly salary is $50,000 or more. That's $5million per year going toward salaries. Then you have to add in the cost of the clean rooms they need to rent or own and the cost of the equipment they probably bought and must maintain. Maybe another $5 million a year.
Perhaps somebody on the board has a grasp of those costs.
So we're already at $10 million a year that ARGS has spent internally, but which NWBO contracts out to Cognate. On top of that Cognate has employees who worked with Dr. Bosch developing the almost completely automated system that NWBO has patents and which will make their treatment more cost effective. We know Dr. Bosch uses Cognate employees to Devon new patents processes because he names them and thanks them in his slide presentations. Besides making vaccines, Cognate also trains employees at every one of the 80 plus sites that have been set up in the trial.
So are we really spending more using Cognate than ARGS and other small bios using. Internal people?

I guess my school of thought is I'd rather us pay true cost and keep it internal than pay a private company who includes their profit and we as investors of NWBO have no information or transparency as to what we are getting and paying for....