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TELESTA THERAPEUTICS INC T.TST

"Telesta Therapeutics Inc is a biopharmaceutical company. The Company is engaged in the research, development, manufacturing and commercialization of human health products and technologies."


TSX:TST - Post by User

Comment by IoftheLynchMobon Aug 25, 2014 12:23pm
293 Views
Post# 22875016

RE:Prelim Prospectus words on Change of Control

RE:Prelim Prospectus words on Change of ControlRube, is it not more likely that the idea of going it alone in the US is a bargainning tactic for partnership discussions than a legitimate course of action? Seems obvious to me.

The Bioniche sales force, whatever it consisted of, no longer exists. As far as I know it left the playing field with the sale of AH. Also, as they were never a player in Human Health, I am doubtful as to whether they have any semblance of a distribution partner or contracting arrangement in place, or could even establish one if they had to.

It is a sweet and cuddly notion that the 17 remaining accountants are capable of setting up an aggressive sales force with dramatic market penetration numbers, but it is "pie in the sky" in my opinion.

Sales and Accounting are diciplines as far removed from one and other as soapstone carving and heart surgery.

That line gets the 100% discount in my books.
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