For trials on MICE.
For ONE drug.
No human trials.
Repeat: NO HUMAN TRAILS
What is MESOBLAST worth then?
https://www.technologyreview.com/s/...ney-looks-smart-in-6-billion-stemcentrx-sale/
You be the judge.
PS: I am not advocating that Mesoblast be acquired by any company out there.
Lest anyone forget, the agreement with Lonza makes me think that Mesoblast wants to be a standalone.
Um, may be there is a price for everything. I wouldn't mind a $25 BILLION buyout...
What stands out in that article is the quote from Peter Thiel (Google him if ya don't know who he is):
"There is disturbingly little intuition into what biotech companies are worth. If you are able to produce a drug that cures some sizable disease for which there is no cure at all, that is worth billions, or tens of billions of dollars. And if you don’t succeed it’s worth nothing."
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