AVE avecho biotechnology limited

Ann: Licensing Webinar and Presentation, page-129

  1. 2,959 Posts.
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    to be fair, not many of the signed agreements were binding and there has been a couple of items on the shelf. The Indian pain cream and Ashland production.
    you may well be right that this is going nowhere but it is the first time they have reached a phase 3 clinical trial stage. And the size of the deal is much greater than any previous.
    The Harry Rosen era was a disaster for the company. To have 6 million stolen by esra was a disgrace and shut down a lot of deals. Murdoch's legal action was a close second.
    the silver lining in the poor management is a couple of legacy items, propofol and the morphine patches. Legacy items that could be worth a fortune and both stopped development because of a lack of funds.
    id keep in mind that the tariff war is destroying sharemarkets across the world. The fact that ave is holding at 0.006 is a minor miracle.
    it doesn't matter how many times they get knocked down as long as the amount of times they get back up is one more!
 
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