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  4. Amarantus Bioscience Holdings (AMBS) Message Board

Agreed, Chris. Amarantus didn't conduct the due di

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Post# of 30067
Posted On: 02/24/2015 9:48:00 AM
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Posted By: Warp
Re: Chrisdc73 #17141
Agreed, Chris. Amarantus didn't conduct the due diligence on ESS, and structure a deal to end the litigation and acquire the asset, just to turn around and sell it for a measly $15M. Nothing in their business model suggests they would make such a lame duck move.

The world market for ESS is expected to exceed $1 Billion per year. Phase 2 clinical trials are expected to initiate in Q2 of 2015, with a potential partnership planned for 2017. All of this info is available from the Amarantus web site.

Sale for $15 Million? Someone is smoking the wacky weed, or perhaps intelligent analysis is once again running amuck.

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