No matter what academicians say how a small start - up
No matter what academicians say how a small start - up can fail, one thing I would like to repeat that the following stay very true in the US market from
the this article
"...............Its hard for small companies to break into those relationships to offer something better,even for something as simple as the flat pack petri plates,as we've seen.
NNLX has tried to break into those relationships w the help of the govt, africa missions-bill gates foundations etc but has not gotten the breakthrough push they were hoping for.
big pharma has the power which makes it difficult for nnlx to negotiate anything without giving away the store(the company)-a trap many startups fall into ......................."
Would like to repeat a public reply I might have posted before:
A fellow NNLX long, a retired research scientist' s very brilliant
colleague from Baxxxxxx quit his job and brought his brilliant ideas
and all he had to start a tiny high tech and soon big money came in
and in a number of years got forced out and got back a small fraction
of what he invested and had to return to teaching ........the products
and co was successful but without him !! swallowed whole by a big pharm !
I don't blame BB running a tight ship ; that NNLX survives for so long
with little debt and with products selling in the US market is already half a miracle........
IMO the gigantic EU (28 countries ) and China (> 3 billion middle class
consumer market and growing ......) with public clinic and public hospitals that need inexpensive, good quality medical products for their patients .....
will probably bring the other half of the miracle .....
Just my two cents of opinion,
My best to BB, management and stuff and all NNLX longs
3
Nanologix Inc (NNLX) Stock Research Links
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