Another "activist" fund that took a hefty [~40%] position in a wild biotech spinoff that is fixing to cure aging headed by the scientist that discovered telomeres responsible for aging. This is before all the paperwork is done, details negotiated, etc.
Scared me but a close look at the fund shows they are quite deeply involved already with greatly accomplished scientists rather than junior MBA's.
Maybe PETX's "partnership" will be very good or even neutral but I consider the MBA's more likely overhead burden than fuel.
Another "activist" fund that took a hefty [~40%] position in a wild biotech spinoff that is fixing to cure aging headed by the scientist that discovered telomeres responsible for aging. This is before all the paperwork is done, details negotiated, etc.
Scared me but a close look at the fund shows they are quite deeply involved already with greatly accomplished scientists rather than junior MBA's.
Maybe PETX's "partnership" will be very good or even neutral but I consider the MBA's more likely overhead burden than fuel.
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