Replies to post #15741 on GTC Biotherapeutics (fka GTCB)

[go seek]

>Many of the recent posts on this board seem to be based on the thesis that LFB is strongly committed to transgenics<

DD, i haven't seen those posts... if you get a chance please list.

[DragonBits]

committed to transgenics ?? That is the quintessential question for the decade. Why has there been tepid industry response to Transgenics?

Most of the reasons given have been rationalizations, such as Genzyme spinning off GTC to get their losses off the balance sheet. Loses with no products, oh my, what should Genzyme do about that? Or the frankendrugs theory contradicted by genetically modified food being a big market.

There should be no doubt, Transgenics works, it has been proven so. But that begs the question, which of the following is true.

1) Transgenics is ahead of its time.
2) Transgenics has limited potential.
3) Transgenics is a dead end.

I vote for 2 based on the evidence, but it’s a close call and it could be 1. France gets 87.5% of it's electrical power from nuclear power, it could turn out that France will be producing the bulk of their drugs from Transgenics. Ironic that in early 1908 the Wrights Brothers finally signed contracts with a French company and the U.S. Army.

helping GTC to thrive ?? More like being forced to rescue their investment by reluctantly supporting GTC. Will it be cheaper supporting GTC as a subsidiary or as a publicly traded company?

The central question for owning GTC stock is still; does LFB want the company to remain a publicly traded company in the USA? It seems likely that the stock will remain publicly traded for at least 1-4 years, what LFB desires to happen and how it all turns out isn’t really clear.