Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Nadav Kidron

๐Ÿ‘ค Speaker
172 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1187 The Chinese Gave Him $50M For Orally Delivered Insulin Capsul Idea, Will It Take Off?

We're doing both, the American FDA and the Chinese FDA.

SaaS Interviews with CEOs, Startups, Founders
1187 The Chinese Gave Him $50M For Orally Delivered Insulin Capsul Idea, Will It Take Off?

With the American FDA, we're now doing another study that will take us into a phase three, which is the last trial you need to do in order to register the drug.

SaaS Interviews with CEOs, Startups, Founders
1187 The Chinese Gave Him $50M For Orally Delivered Insulin Capsul Idea, Will It Take Off?

And with the Chinese FDA, we're probably going to get to the market even before the United States.

SaaS Interviews with CEOs, Startups, Founders
1187 The Chinese Gave Him $50M For Orally Delivered Insulin Capsul Idea, Will It Take Off?

So we got $30 million out of the 50.

SaaS Interviews with CEOs, Startups, Founders
1187 The Chinese Gave Him $50M For Orally Delivered Insulin Capsul Idea, Will It Take Off?

We should be getting a few more millions this year and some of it earlier next year as well.

SaaS Interviews with CEOs, Startups, Founders
1187 The Chinese Gave Him $50M For Orally Delivered Insulin Capsul Idea, Will It Take Off?

No, we raised.

SaaS Interviews with CEOs, Startups, Founders
1187 The Chinese Gave Him $50M For Orally Delivered Insulin Capsul Idea, Will It Take Off?

The company today is a public company on NASDAQ.

SaaS Interviews with CEOs, Startups, Founders
1187 The Chinese Gave Him $50M For Orally Delivered Insulin Capsul Idea, Will It Take Off?

The company, just the cash the company has today, it's about $50 million, 5-0, and there's more cash coming from the Chinese.

SaaS Interviews with CEOs, Startups, Founders
1187 The Chinese Gave Him $50M For Orally Delivered Insulin Capsul Idea, Will It Take Off?

Up to today, altogether, I would say probably over $100 million of money between the revenues and money was raised, went into the company.

SaaS Interviews with CEOs, Startups, Founders
1187 The Chinese Gave Him $50M For Orally Delivered Insulin Capsul Idea, Will It Take Off?

So it's a real interesting enterprise.

SaaS Interviews with CEOs, Startups, Founders
1187 The Chinese Gave Him $50M For Orally Delivered Insulin Capsul Idea, Will It Take Off?

Why do you go?

SaaS Interviews with CEOs, Startups, Founders
1187 The Chinese Gave Him $50M For Orally Delivered Insulin Capsul Idea, Will It Take Off?

2013, we went up to NASDAQ.

SaaS Interviews with CEOs, Startups, Founders
1187 The Chinese Gave Him $50M For Orally Delivered Insulin Capsul Idea, Will It Take Off?

Well, you're smart enough to be in the software world because in our world, it takes a lot of money and a huge investment in a lot of time before you see anything.

SaaS Interviews with CEOs, Startups, Founders
1187 The Chinese Gave Him $50M For Orally Delivered Insulin Capsul Idea, Will It Take Off?

So when you go to an investor, I come to you and I say, listen, you know, do you want to invest in something that can make the lives of many people better, but you may have to sit on the sideline for 10 years.

SaaS Interviews with CEOs, Startups, Founders
1187 The Chinese Gave Him $50M For Orally Delivered Insulin Capsul Idea, Will It Take Off?

They can say, ah, you know what?

SaaS Interviews with CEOs, Startups, Founders
1187 The Chinese Gave Him $50M For Orally Delivered Insulin Capsul Idea, Will It Take Off?

I don't want to lock my money for 10 years.

SaaS Interviews with CEOs, Startups, Founders
1187 The Chinese Gave Him $50M For Orally Delivered Insulin Capsul Idea, Will It Take Off?

So there's many, many, many, many companies who are doing R&D within pharma that they went public because people are willing to take the risk and the downside and the upside, but they also want to have the liquidity.

SaaS Interviews with CEOs, Startups, Founders
1187 The Chinese Gave Him $50M For Orally Delivered Insulin Capsul Idea, Will It Take Off?

So if for some reason they want to get out, they can get out.

SaaS Interviews with CEOs, Startups, Founders
1187 The Chinese Gave Him $50M For Orally Delivered Insulin Capsul Idea, Will It Take Off?

If the company has reached a milestone, even though it hasn't reached the full registration, you know, hopefully share price will go up and they can make their bucks, their profit and take it off the table.

SaaS Interviews with CEOs, Startups, Founders
1187 The Chinese Gave Him $50M For Orally Delivered Insulin Capsul Idea, Will It Take Off?

So it's a very difficult area to manage.