The rolling CR's no profit ever model. Phase I my God thats 10 years of secure employment. On the upside they may be close to a deal on GDC. The drug itself seems OK but too early stage. Why go from late stage to early stage when we know that deal making is not thier forte.
Nothing in the presentation why anyone should invest and when the inverstors will get a payoff. No alignment with shareholders interestswhat di these guys expect?
The rolling CR's no profit ever model. Phase I my God thats 10...
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