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Biotech / Medical : VD's Model Portfolio & Discussion Thread
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To: Vector1 who wrote (3950)1/16/1998 4:41:00 PM
From: biowa  Read Replies (1) of 9719
 
V1,

>>the spinoff funded with VC money may never pay off. yes they kept 55% of the equity buy the VCs put their capital in on a senior (preffered stock basis). The amount of capital was $8m<<

The Cytovia spin-off? Did they give any reason why they think that the science for this is any better than the folks already working in apoptosis?

Thanks for the detailed reports (and the live Rman sighting).

biowa
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