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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?

Now, in our case specifically, it's a little bit more difficult because we have a few major shareholders that they control a big chunk of the company.

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

Between myself and the Chinese and some of the other shareholders, we own about 50% of 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 what happens is the level of liquidity is very low.

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

So if you're going to come now and you're going to buy a million dollars of shares, share price is going to spike.

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

And if you're going to sell a million dollars worth of shares,

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

share price is going to go down and that's a challenge is the lack of liquidity.

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

So I would look at it sort of as a half private company

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

That's why, hence, I think there's an opportunity because the company is making a nice progress.

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

The company doesn't need to raise money.

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

OK, we can see the milestone coming.

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

And in about 10 months from now, we're going to have the most important milestone in our history.

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

We're going to have the result of a 90 days trial when we administer oral insulin.

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

And that's going to be a very or the most clear cut indication as to the value of this technology.

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

There is, there is, and it takes a huge amount of effort from the management to put into it.

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

But even when I spoke to some of the private investors, many of them, they want to see liquidity down the line.

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

Nobody wants, the problem is currently, if you have a drug and you want to get it to the market in the United States, you need to go through the US FDA.

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

The US FDA takes you through a via de la rosa that costs you a lot of money and mainly takes you a long time.

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

Well, if you look at the average time to develop a drug, you're talking about 15, 16 years.

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

The average, if you're taking also the ones that fail, you're talking about close to a billion dollars to develop a drug.

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

So the investors say, you know what, I want to enjoy it because it could be that even the drug is going to fail at the end of the day.