Biotech Values

[ghmm]

Verona PLC:

I was just listening to their Retail Roadshow presentation
https://t.co/aA8oM9AMSa
or
http://www.retailroadshow.com/wp/roadshows.asp

They're already public https://finance.yahoo.com/quote/VRP.L?ql=1&p=VRP.L and this is just their US IPO where they are trying to raise 75M which would be fine except for a few things:
1) That is more than their current market cap.
2) They raised ~50M last year
3) They are touting having Phase 2 data in 2020!

I wasn't paying a lot of attention to their programs (they do have a CF program that has dual mechanisms including as a potentiator) but hearing these things how can one invest?