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Biotech / Medical : GTC Biotherapeutics
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To: tuck who wrote (134)2/27/2009 4:02:18 PM
From: DewDiligence_on_SI   of 135
 
I gather the theory is that a partner will pick it up silly cheap.

That’s the wrong tense, tuck. “Partner” LFB already did it the most recent financing and is now a majority owner on a fully-diluted basis. LFB also owns a first mortgage on all of the IP.
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