UNS unilife corporation

Another theory. The suitor is Sanofi and they are renegotiating...

  1. 1,247 Posts.
    Another theory.

    The suitor is Sanofi and they are renegotiating the terms on their contacts as part of entering into a strategic partnership.

    Hence no payment coming from Sanofi hence UNS missing their revenue target hence seeking a waiver hence Orbimed loaning another 10MM.

    Just a theory.

    Begs another question -- why did Orbimed's own due diligence projections fail within a year?
    Last edited by cadrifter: 17/10/15
 
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Currently unlisted public company.

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