RE:RE:Dr. Frost ... OPKO ... The Scripps Research Institute jawcellis wrote: Bencro. must have missed the tie in between Dr Frost and Lundeburg Thalmann and TLT or I don't see it yet. and thanks for your help. jw
I missed the connect at first too as I was only looking at the Canadian agent when I read the news release when financing came out. Here is the connection.
From the TLT news about the financing you'll see two agents
---Euro Pacafic Canada was the Canadian agent for the private placement.
---Ladenburg Thalmann & Co. Inc as the US agent -----------------------------------
Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE MKT:LTS), acted as exclusive U.S. placement agent in connection with the Offering.
-----------------------------------
Phillip Frost is the Director of Ladenburg Thalmann
------------------------------------
A couple things of significance that I could see or that we could hope for:
1. Ladenburg Thalmann can generate interest on the US side with their large network of clients and business relationships. US investment exposure.
2. Ladenburg Thalmann can act as finanicial/business/investor advisor on the US side, either supplementing the work that A.B. Korelin and Associates was helping them with their US listing/etc or replacing them which no offense to that group but TLT would rather be in bed with Ladenburg Thalmann.
3. Dr. Phillip Frost who is Director of the company and acts in supporting roles to the subsidiaries and has wide connections/history in the pharma world. As bencro said, IF in any way this guy is aware of TLT, then it is something to be exciting about. It is entirely speculation but not impossible that Frost is starting to scratch the surface of what TLT has going and perhaps wanting front row seats through clinicals.
-------------------------------------
Dr. Phillip Frost
Most Americans would list Bill Gates, Steve Jobs, or Warren Buffett as the most successful businessmen and investors in America. However, Dr. Phillip Frost also deserves consideration on this list based on his enormously successful investment track record.
Dr. Frost is a pharmaceutical entrepreneur and investor. A Forbes-listed billionaire, Dr. Frost is currently the CEO of Opko Health (OPK), a multinational holding company, and chairman of Teva Pharmaceuticals (TEVA), the world’s largest generic drug manufacturer. He also serves in various supporting roles for non-profit foundations, educational and research institutions, and for-profit entities such as Ladenberg Thalmann Financial Services (LTS) and The Frost Group. Like Warren Buffett and George Soros, many investors and analysts closely monitor the investments of Dr. Frost due to his long track record of success. Dr. Frost has made a career of reviving struggling companies, as well as establishing successful businesses of his own. These entrepreneurial ventures have led to great advances in the health care industry, product expansion to the international marketplace, and billion-dollar acquisitions, all of which highlight the enormous impact Dr. Frost has had on the business community throughout his career.