InvestorsHub Logo
Followers 20
Posts 1187
Boards Moderated 0
Alias Born 05/06/2014

Re: wimuskyfisherman post# 13775

Thursday, 12/03/2015 12:50:11 PM

Thursday, December 03, 2015 12:50:11 PM

Post# of 38634
That's only if their burn rate remained the same, which it's not likely.

A great deal is going to change going forward.

In order to get FDA approval on a drug you need to demonstrate that you can produce it at commercial quantity. that would incur a sizeable investment on IPCI's part - they do have a $100 million shelf and can issue stock to raise money - after a POP in the share price if they do - but I would prefer they take on a partner for Rexista and get a sizeable up front payment - my guess is $40 million - rather than dilute.