Looks like two dead or dying companies clinging to each other and looking for the other one to "save them".
LOL...Good luck PIP holders with that merger! I guess both couldn't find any publicly traded companies that had any interest whatsoever. I wonder if they tried Vancouver?
"Looks like two dead or dying companies clinging to each other and looking for the other one to "save them"."
Theraclone &"Friends" buying into PIP's lawsuit?
But Theraxclone has the same bad KARMA that ACTC had( its dynamic CEO Fanning passed at 48)!
However, it has Steven Gillis(GOOG him) and some heavy hitter politically connected financial associates(shadesof Murtha) who might like to "glom" onto SIGA, THE CURE, its CONTRACTS, its pipeline & technical expertise via the "backdoor", NWJ?
SIGA is the target because it is a winner as they are longtime losers......so far!
They realized they may not see cash from Siga in the near future as they continue to run out of their own. Now they should be able to wait it out assuming Theraclone has the resources to pay for the pipisite.