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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 QuercusAlbaon Nov 19, 2014 1:23pm
265 Views
Post# 23144575

RE:VCM

RE:VCMCouple of things:

Topic came up at the AGM last week. VCM is 'for sale' but not 'on sale'. I didn't get the sense that there was anything in the offing.

One of the challenges they mentioned was its location; Belleville not being known as a minor centre for vaccine manufacturing and all....

I seem to recall that they bundled up the technology, the plant and a bunch of tax losses together into a package that ought to have apealed to someone out there. No luck so far.
To be clear, they have abandoned the econiche technology because no one wants it.

In retropect, the idea that Stephen Harper would legislate his prairie cattle farming supporters to use it seems awfully naive. That $10 head cost was too much to ask for in the name of public health.

The AGM summary provided earlier by rgonlyfactspls on Nov 13 was concise and fairly reflected what I heard as well. Appreciate it.

QA


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