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Liminal BioSciences Inc. PFSCF


Primary Symbol: LMNL

Liminal BioSciences is a biopharmaceutical company focused on the discovery and development of novel, small molecule drug candidates for the treatment of patients suffering from fibrotic or inflammatory diseases that have a high unmet medical need. Liminal BioSciences operates on an integrated basis from our talent hubs in Laval, Quebec, Canada, and Cambridge, UK. Our common shares are listed for trading on the Nasdaq Global Market.


NDAQ:LMNL - Post by User

Comment by wyndeweston Nov 22, 2021 1:45pm
172 Views
Post# 34153739

RE:Shamefull

RE:ShamefullOf course they needed to go down this path!!
1. Thomvest does NOT want to become a Biotech Company. They NEVER did. That's NOT what they do.  They invest in promising compamies by loaning them $ at a price of course.  In some cases they become 'corporate raiders' like in the case of Prometic because the success potential is so huge. Hence the takeover.
2. Thomvest employs very, very smart people.  They don't want to share anything with anybody if they don't have to.  Thomvest (Peter Thomson) wants the IP (4050 in particular) for himself.  The upside potential is that huge.  That's why he kept control of the IP with a lien and moved it to the Cayman Islands. Liminal never had control of the IP. Thomvest made sure of that.
 
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