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Re: RISK-TAKER post# 3104

Saturday, 08/06/2016 3:25:20 PM

Saturday, August 06, 2016 3:25:20 PM

Post# of 50154
just Closed $35 Million Funding Round.it means institutional investors banking on her.MC only $6m
Delcath Systems, Inc. (NASDAQ: DCTH) hopes to use the money for a variety of product development programs. One of the targets for the funds is in the Phase 2 and Phase 3 study of its Melphalan/HDS. Besides channeling the funds to clinical programs, the company also hopes to spend a portion of the money on operational activities.

The balance will be restricted
to assure the money will be used to that purpose( "a gradual process").

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