More about how competitive the investment environment is for Bio Techs , Its easy to start , I've seen thousands , its crossing the finish line with a commercial product and becoming profitable that culls them down. For the first 3 to 10 years of these companies lives they are funded by Shareholders. So before PAA start curing the world they need to attract investor funds and in todays cluttered market you better have good PR and Marketing <, Cause your competitors for funds Do.
Ann: Prospectus, page-33
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