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Biotech / Medical : Texas Biotech (TXB) -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (472)12/29/1997 9:18:00 AM
From: Bill Tomko  Read Replies (1) | Respond to of 834
 
They were/are paid based upon a sucess fee of finding investors. This is functionally the same thing as recieeveing a fee for placing an R&D Ltm. Partnership. You are either purposly or fromignorance confusing payment for sucuring funding, the basis of the entire investment banking industry, wiht the payment to PR firms to write promation pieces which look and read like investment research.