May. 12 at 9:00 PM
$LXRX Rushing against Getting Too Old - 1
I cannot imagine that RD is planning to organically grow Lexi to its maturity, which will take another 5 to 10 year before Lexi fully establishes the sustainable business model with significant revenue and profits.
At 71, RD is running Artal/Invus for the Belgian sugar beet tycoon Eric Wittouck, age 79 with
$9B ranked #392 on Forbes billionaire list. Eric lives in Monaco and have 4 children. In 5 years, Eric will be 84, and his children should be in their 50s and 60s. RD helped Eric climb his billionaire ladder, and the final push will get him over
$10B or even to
$15B. Both RD and Eric Whttouck family, IMO, don't have the patience for another 5 to 10 years, and when you divide
$10B by 5, the # is not that impressive anymore in their circle. So, the pressure must be on. This leads me to guess what RD's up to ..... (To be continued)