Momenta Pharmaceuticals, Inc. (MNTA)

[DewDiligence]

MNTA’s pro forma cash balance is about $220M.

Discussion: MNTA had $191.5M of cash at 12/31/14, $51M was raised from the old ATM during 2015 (as disclosed on the recent CC), and a $10M milestone payment from NVS has been earned for Glatopa approval.

Assuming cash burn from 2015 operations to date has been slightly more than $30M, MNTA’s pro forma cash balance as of today is thus about $220M.