I got called out and couldn't listen to the LW web
Post# of 72444
(Total Views: 461)
Posted On: 05/07/2020 3:12:54 PM
I got called out and couldn't listen to the LW webinar today as planned, but upon returning I went online to the Locust Walk website and they already have an audio replay available of the entire hour talk.
I started listening and after fifteen minutes decided I was getting NOTHING out of it so I turned it off. Everything was very macro generalities - companies should pare all expenses now to survive, get multiple lines of vendors, shed non-core assets that are draining finances, etc.
They said about 2/3 of companies were reining in and 1/3 looking for acquisitions as things are cheap right now. Nothing that a normal person couldn't figure out for themselves.
They thought biotech would see a strong growth after this is all over as the world will realize what an important sector it is for survivability.
Only thing mentioned of interest IMO was that all firms were now hitting hard on getting grants for non-dilutive sources of money. Glad B is so strong that it should get its fair share (my opinion).
I started listening and after fifteen minutes decided I was getting NOTHING out of it so I turned it off. Everything was very macro generalities - companies should pare all expenses now to survive, get multiple lines of vendors, shed non-core assets that are draining finances, etc.
They said about 2/3 of companies were reining in and 1/3 looking for acquisitions as things are cheap right now. Nothing that a normal person couldn't figure out for themselves.
They thought biotech would see a strong growth after this is all over as the world will realize what an important sector it is for survivability.
Only thing mentioned of interest IMO was that all firms were now hitting hard on getting grants for non-dilutive sources of money. Glad B is so strong that it should get its fair share (my opinion).
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