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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

Bullboard Posts
Comment by Tson99on Feb 14, 2013 9:30am
223 Views
Post# 20987069

RE: RE: RE: RE: Graeme

RE: RE: RE: RE: Graeme

You're right, he did say that some plants never achieve GMP. That made me a little nervous when he said that but I think the reason he said that was to say "look, I know it's taken a long time and we have changed our direction by going for GMP and it might take a bit longer but some companies never achieve GMP, we will, it's just going to take a bit longer."  

Like I have said before I think they know that as soon as they achieve GMP they will have orders for Econiche. The plant with GMP status is a license to print money. Even if they don't get orders for Econiche right away, they should be able to contract manufacture vaccines to cover there operating costs.

Uroncidin partnerships, sounds like they have many potential partners, they just have to wait for the formal return of product rights at the end of March. At least that seems like a firm date, I'm assuming that is written in a contract somewhere.

By the way, interesting buying at the end of the day yesterday, 150,000 shares in an hour and a half and all buys.

Tson99

Bullboard Posts