Earlier this year Bryce Carmine joined our US$30m company.
Who is Bryce Carmine, and what might Novogen have in common with BHP and Commonwealth Bank. ?......a company representative in that rarefied $10m pa salary range.
Why would Doctor Carmine, from bio-medicine, no less........ join the Aussie minnow Novogen from his Indianapolis HQ. ?
This is why:
"Cantrixil is a first-in-class development candidate which targets the entire spectrum of cancer cells, including tumour-initiating cells thought to cause cancer recurrence. "
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NEVER in a lifetime of investing/trading will the dovish longs here....... be sitting on anything like this stock.
Eli Lilly to freeze salaries for most employees, executives in 2012
........... Bryce Carmine, who recently retired as president of the bio-medicines division, had total compensation of $6.6 million, down from $7.7 million a year earlier.............
NRT Price at posting:
8.6¢ Sentiment: Buy Disclosure: Held
