TSXV:BTI.H - Post by User
Comment by
JDavenporton Dec 16, 2022 12:24pm
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Post# 35176021
RE:RE:RE:RE:RE:About craighenry
RE:RE:RE:RE:RE:About craighenryAbout the Chiesi deal, that name was never mentioned to me by Bioasis. But the Chiesi name was bandied about for a long time, since before DrDR became CEO. I considered it speculation, just as many pharmas are discussed. It's a long list of pharmas that have been discussed.
In any event, I had no advanced notice of a Chiesi deal, although I did have a conversation with DrDR in February about things.
She asked me to write a long background piece about Bioasis for two outfits that were going to cover news of a Bioasis deal that was imminent. She did not tell me who the other company was. I told her that the name "Chiesi" was going around. She didn't confirm that in any way. I think one of the outfits that the piece was for was Zacks. I didn't read either of their coverages.
Anyway, the name Chiesi was out there. I was being asked about them so I did a little DD about them. I would rather have seen a deal with a larger, publicly-traded pharma because it would have made more industry news. The news was delayed until June, because of Covid, if I recall.
I think it posible that Chiesi, like most things that DrDR announced, came from first intitiatives by Mark Day. He got around pretty good. It's funny how things work out but he may have been the "oasis" in Bioasis.
What did Colwell Capital signal to shareholders before this deal was announced? "You gotta be there"? Two more people told me yesterday about that.
It's so easy to signal something without having knowledge of it, or intent to do it.
jd