I've found this to be a not uncommon way of thinking by those who are technical specialists. We've all received the types of dogmatic perspectives from engineers, programmers, scientists etc... particularly those with deep specilisations. They are functionally highly skilled but life is easiest if rules are followed conservatively. That's not necessarily a bad thing when it comes to safety.
The situation will be different after a safe outcome. Incentives is then approvable even in Australia in IBX's case. Given a lack of safety concerns, the low incidence of disease and lack of therapeutic value are relevant factors.
The board here consists of technical people (biotech, compliance, technical sales, a lawyer and an accountant) and so conservative rule following is going to be the norm. IBX needs a commercially orientated chair to look after shareholders and one who understands that the corporate watchdog also place value on transparency. Markets function better when fully informed... and money comes from commercial thought.
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