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marzan

09/24/21 12:45 PM

#404113 RE: Jack2479 #404108

You are a Jack of All Master of None, LoL.
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JerryCampbell

09/24/21 12:47 PM

#404114 RE: Jack2479 #404108

Spot on.

All the talk about whose name is on a certificate is nonsense.

Bottom line is that Toucan (Linda Powers) owns Advent, not nwbo shareholders, and all benefits of Advent will accrue to Toucan.

Advent's success is not dependent on nwbo. Advent's website makes it clear they have other customers. Bolding is mine. https://www.adventbio.uk/

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CLIENT PARTNERSHIP PROFILE

Advent aim to provide GMP production facilities and systems which will be adaptable to our clients needs. This gives the capacity for clients to scale-up and improve their ATMP manufacturing capabilities according to their unique product and patient requirements.

Our clients consist of International Pharma, Emerging Biotechnology/Gene and cell therapy companies.
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biosectinvestor

09/24/21 12:55 PM

#404118 RE: Jack2479 #404108

Please provide the complete ownership info on Advent.
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iwasadiver

09/24/21 12:59 PM

#404119 RE: Jack2479 #404108

Advent is a contract manufacturer. Why would NWBO want to sell them the equipment? Prime Contractor vs. sub contractor is a common style of working around the globe and so many want to make this untoward. Do you honestly think after LP’s Cognate issues she’d go through that again? And even then it wasn’t untoward; she divested herself because of the outcry, not because there was something actually wrong with it.

NWBO owns the equipment, yes. I worked as a subcontractor in shipyards. I had no desire to own the dry docks, the cranes, the machinery, pay the electricity, manage a bunch of other workers, etc. The shipyard didn’t want to manage work flow of 25 subcontractors. Duh. This is so simple.

I have a very good friend who did exactly with NWBO is doing. He was an executive with a very large Pharma in Europe. He and another executive went on their own, developed drugs for rare diseases based on research done by scientists all over the world. They owned the IP and the processes and used contract manufacturers to make the drugs. He sold it after 5 years for hundreds of millions. Your perceptions are not consistent with standard work that’s being done around the world every day.
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CrashOverride

09/24/21 12:59 PM

#404120 RE: Jack2479 #404108

Linda Powers does not own Advent.
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vator

09/24/21 1:01 PM

#404122 RE: Jack2479 #404108

I usually find you a pretty solid poster. I think you have gone a ground with this thread of thinking. Just do not agree at all.