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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 Nohandledzepon Jun 06, 2013 8:51pm
76 Views
Post# 21494971

RE: Paladin Are Convinced About Urocidin!

RE: Paladin Are Convinced About Urocidin!

Swine, I am not seeing any dollars being pumped in. I'm seeing a high interest loan, with AH presumed to be collateral and a give away of marketing rights in Canada, South Africa and Mexico. You are not referring to "investment " dollars are you because I see none of that. Was there an upfront payment for the rights to Urocidin that I missed?

 

What do you think the runner up in the Urocidin sweepstakes offered? Based on this deal, I'm guessing they wanted 5 million per jurisdiction to attach their name to a Urocidin partnership release and Bioniche was too short on time to issue the PP to raise the funds.

 

If there was ever a partnership deal worthy of a Friday long weekend release, that was it.

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