December 20, 2016 8:06am

 

10 year supply deal financial terms were not disclosed, what is ten years’ worth without revelation?

 


 

BioLife Solutions (NASDAQ:BLFS) executed a 10-year agreement with orthopedic regenerative therapies firm TissueGene to supply CryoStor clinical grade freeze media in its manufacturing process for Invossa, a drug designed to treat osteoarthritis of the knee.

 

The Bottom Line: So what? Financial terms are not disclosed, BLFS is operating on borrowed cash <debt> - it matters.

BLFS closed UP +$0.01 to $1.54, it has been in the basement so long – will it be around in 10 years?