Cafe Interview on milestonesThe Cafe Pharma interview included the below from SBM's fearless CEO. That was from
May 25th and is posted on the Sirona website. So if just over a month later they are revising milestones (again) Howard will have proved himself a liar once more and should be stepping down as CEO. Otherwise stop blaming everyone except yourself and start closing some deals instead of adding new companies into the mix and just endlessly extending milestones. Now is the time for some deals and revenue not dilution in whatever form Howard cooks it up.
.....
Dr. Verrico, in your latest presentation for investors you listed milestones to be achieved within the next three months. To what extent are you still confident of achieving these milestones and where do you see the greatest impact for Sirona?
Dr. Verrico: I am confident we will be able to achieve most of our milestones and that Sirona will be launched into a new era. In terms of impact, there is one milestone we did not include and that was the first commercialization of our product TFC-1067. We intentionally left this off as the timeline was not ours and so hesitated to call it our milestone, however, having a product reach commercialization it certainly is a significant turning point for any biotech company.
The other impactful event will be any partnering agreement, whether this is for our SGLT2 product or a second TFC-1067 agreement.