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Re: Bickema post# 193986

Friday, 07/31/2015 2:25:53 PM

Friday, July 31, 2015 2:25:53 PM

Post# of 252504
OCRX—The loan is at least as palatable as the $25M underwritten equity offering I was expecting (assuming that the interest rate is commensurate with the other terms of the deal).

OCRX still needs a partner in order to develop both the IV and oral formulations of OCR-002, but the new loan gives OCRX a little more flexibility in crafting a deal.

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