Sunday, November 02, 2014 7:20:12 PM
As far as the slowest, wrong there as well. Development time for successful drugs frequently exceeds 10 yrs.
And no a shelf filing is just that, a filing not a "grab of another $50 million" or any other such transaction. A shelf filing merely authorizes them to raise money as and if needed. Nearly all preclincal biotechs have them in place. At least any prudent management has one in place.
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