You’re like my favorite poster, Horse - and being a fellow Jersey boy, this really hurts. Here’s the problem with your logic. There is a company you refer to that owns the equipment for which it receives a profit and can be sold for a gain, presumably.
The piece your missing is that NWBO funded another company, which it does not have an equity stake. It does not receive any earnings or capital gains from Advent.
For your argument to work, NWBO would have to own Advent and then hire contractors to supply the labor. Then that comparison works.
My company owned the facilities, labs, production equipment and the products produced. Period!