IMO
Biotechs in general
In reality their job is to try and bring this to market and give the drug there best opportunity for mankind - not retail investors hard earned
This means requiring cash at all stages - dilution is the nature of the game - looking after retail holders in this game is imo not relevant - naive to think otherwise
The holy grail is the quest and everyone in this game knows how this game has worked for decade after decade etc...
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