This case is an early look at the initial stage of research and development of promising Inhalation (AIR), a company engaged in the development of a new drug-delivery technologies. Focuses on the risks, the measures taken to control it, and the manner in which the company was financed. Submit proposals for the acquisition of businesses, which leads to the question of how to appreciate such an early stage company. "Hide
by Michael J. Roberts, Diane Gardner Source: HBS 22 pages. Publication Date: May 21, 1999. Prod. #: 899292-PDF-ENG
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