Is he counting mining companies and supermarkets and airlines in that 1%?
If you're taking this throwaway comment as some kind of peer-reviewed proof then you're in for a rude awakening.
“It’s hard to say anything about that, other than those are the difficulties faced when you are first in class"
No, it's hard when you have no idea what you're doing and are surrounded by 'yes men' who are either too afraid or ignorant to speak up.
This is exactly why Cynata has no plans to bring their pipeline into the market themselves. Instead their strategy is to partner with bigger companies run by people who actually have experience and understand what is required and what is not for FDA approval. Case in point - why did Mesoblast submit a whole bunch of Osiris clinical data with the Rem-L paediatric results? Because they're a company run by a great salesman who's also happens to be an incompetent businessman.
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