Everyone has to start somewhere Branners, they made enough to pay down the loan facility on the extension ,,the big plus is our Chief Scientific Officer has a fully equipped world class Research and Development Laboratory two doors down the corridor...
I believe Elanco will be thinking "how did they make it this far on $43m?" Epichem has a brains trust of significant value,,, Elanco Perth R and D?
Couple more years Epichem will be pulling in the current MC,,yearly ..
If Elanco went down the Royalty Payment side , You can imagine the acceleration of MPL testing inside our own Labs ,, the alternative is to spend millions out sourcing... and have less control...
Subdued day across the exchange today....
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