Replies to post #15677 on GTC Biotherapeutics (fka GTCB)

[DewDiligence]

Leo’s ownership by a charitable trust did not stop the company from expanding its business operations in China:

http://finance.yahoo.com/news/LEO-Pharma-Establishes-bw-13769929.html

>>
LEO Pharma Establishes Strategic Company in China

Monday December 8, 2008, 9:02 am EST

SHANGHAI, China--(BUSINESS WIRE)—LEO Pharma is taking a giant leap into the Chinese market by establishing an affiliate with the ambition of eventually becoming the leading dermatological company in China.

The new company, LEO Pharma China, will market LEO Pharma’s comprehensive portfolio of high-profile and patent protected drugs for the treatment of the chronic skin disease psoriasis and other dermatological products (pharmaceuticals for the treatment of skin diseases).

Etc.
<<

Shame on ‘rustyboy’ for suggesting (or passing along) that Leo’s ownership by a charitable trust is the reason Leo lost interest in ATryn.