Replies to post #8371 on GTC Biotherapeutics (fka GTCB)

[floblu14]

>Does LEO trade???< NO

The LEO Foundation is the independent, private institution owning LEO Pharma. Another foundation is the LEO Research Foundation which is completely separate from the LEO Foundation and LEO Pharma.

LEO is owned entirely by the LEO Foundation.

The LEO Foundation is an independent, private institution with the aim to ensure the continuation of the LEO Group.

Being owned by the LEO Foundation means that we have no external shareholders; no-one to ask permission to do this or that and no-one to interfere with our ways of working.

In popular terms, the company owns itself and we can truly commit to the long-term research goals necessary to continue our development as a successful, efficient, responsible and professional research-based company.

http://www.leo-pharma.com/41256A84002BE7FC/adbdi/27A028D33275883EC1256BA000502337?OpenDocument

Located across 40 countries, we have approximately 1,000 sales and marketing people who understand and cater to the needs of their individual markets and stakeholders.

http://www.leo-pharma.com/41256A84002BE7FC/adbdi/366C3704C3193FA9C1256BA0002CF81E?OpenDocument

[biopearl]

Jesse, What failed partnership? I don't think I saw anything to suggest partnership arrangements have failed. They have been delayed, that's for sure. The recent "fund raiser" at GTCB, I agree might be a statement they plan to hold on for the right deal and won't be pressured to take a low ball. Maybe it's just a matter of survival until the next administration which is sure to be more transgenic friendly. Regards, bp