That video was talking about development stage com
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Posted On: 09/28/2018 10:28:31 AM
Re: Loose Lips #49289
That video was talking about development stage companies looking for a venture capital company to fund their initial work (think Baker Brothers or some company like that). That's why a prospective INVESTOR (note that she keeps talking about investors in the company, not a partner) would say "you need to hire someone to do this, and someone to do that." She was talking about start-ups, not companies that have reached the stage of successful clinical trials.
IPIX is looking for a partner to continue developing and eventually marketing the drug. That is a whole different ball game. IPIX is way beyond development stage.
A term sheet with a Big Pharma is a completely different thing than asking a venture capitalist for money to develop a company.
IPIX is looking for a partner to continue developing and eventually marketing the drug. That is a whole different ball game. IPIX is way beyond development stage.
A term sheet with a Big Pharma is a completely different thing than asking a venture capitalist for money to develop a company.
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