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Old 08-20-2011, 11:18 AM   #2
gdpawel
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Join Date: Aug 2006
Location: Pennsylvania
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Re: The future of cancer lies behind us

When I heard Dr. Nagourney talk about "venture capitalists," I truely knew what he was talking about. I don't know if anybody knows or remembers, Drs. Nagourney and Larry Weisenthal had started Oncotech in 1985. They each left Oncotech in 1991, free of the constraints of the venture capitalists who ended up in control of Oncotech. They each left over disagreements with the controlling investors (4 venture capital companies) over management and directions of the company (mainly staying with the cell-growth assay). Oncotech closed last year after being taken over by Exiqon, a multi-national company, stolen of the vast collection of slides, and spit out. Certainly glad they got out when the getting out was available.
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