Dupont works for Soffinova, who are an investment fund. They invest in healthcare, looking for good prospects in invest in. However,
They are both long and SHORT in mid and small caps...
"In 2017, Sofinnova launched an all-cap, value-oriented, long/short global therapeutics hedge fund with an emphasis on mid and small-cap companies."
Haven't heard that they have made significant investment into imu at all, and dupont only put in 7.5k in the last raise. Which I read as a potential show of lack of confidence.
GLTA.
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