Nice post Ritzy..
I have an alternate theory on Bill .. he's the equivalent of a house flipper.. From what I can gather of the original strategy they had a time frame of a couple years to fast tracking trial(s) in AML and a quick sale for $100mil or so. Funding was to come via NPP sales in Europe. They read the market wrong.. NPP sales were non existent because AML had become a hot area again and there were too many free trials to compete against a pay for drug. Also they got the IND wrong. In short they had a sound plan but the failed on Dr T's No1 pet peeve ,poor execution! I think with the change of guard they have left with tails between their legs and the only way to save face was to sell out. Peter did it wright by shareholders and sold out to insto. IMO Bill is being more spiteful and dragging it out.
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