Nant Capital and its representative on the board, Jerel Banks, have not only chosen to stay with Benitec since taking a 30% stake in the company but have increased and re-iterated their commitment. This has happened after the termination of the BB - 401 trial and after the termination of the Axovant collaboration.
All other board member and staff are salaried. Jerel is not there for the money - after all he brought the money over to Benitec using his connection to Patrick Soon-Shiong.
So why is Jerel the chairman of the board at Benitec? He has his eye on a much bigger prize (which will bring its own financial rewards) to be announced shortly.
Nant Capital and its representative on the board, Jerel Banks,...
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