Having spent the bulk of my career dealing with companies globally, reading the MMC financials I don't see light at the end of the tunnel.
Its always a case of how deep are your pockets, how the product fits into your portfolio, can you use the losses to offset taxation on profits earned elsewhere, who is backing the investment within the VC and what benefit if any there is seen to be in a certain sector.
I tend to agree with you, unless they can increase production eg entry into US market, its hard to see how it may survive longer term.
