I have already stated the bioviva is a complete waste of time and brings 0value to the waves project. In fact I am completely against it and if I find out the devs paid for the announcement I'm selling out.. you can attack me for that comment all you like, as others have a few days ago...
Bioviva is a money pit, along with 90% of biotech start ups.
Biotech companies are always risky because they mostly dependent on one (1) single product.
Sometimes they have success when developing this single product, in most cases they don't.
So I partly agree with you there.