I like how Starpharma after having been schooled by the TGA, the MHRA , the FDA and Mundipharma and after not being able to negotiate a deal for internal DEP drugs for years, or sign a new partner for VivaGel for Europe, suddenly think they can swim with the sharks in ruthless venture capital land.
’Oh we are giving away our valuable IP in exchange for a minority and dilutable 22.5% stake in a startup company controlled by venture capitalists in another country’
The naivety and stupidity IMO is quite breathtaking.
SPL Price at posting:
14.5¢ Sentiment: None Disclosure: Held
