Wednesday, February 10, 2016 3:55:19 PM
Because they do,.... unlike many 'biowrecks' this particular company has no significant short to medium-term liquidity issues. One of the reasons I think they are in a pretty good place right now.
Yet,.... but things are moving forward quite nicely now,....
On this point we are at least partially in agreement. However, it also means that once performance is no longer viewed as 'the issue',... they are in a very good place to move up.
Solid cash position & with no need to raise additional capital for at least a year, possibly two. Also not that much debt,...
Two drug candidates leading the way, with at least one with high probability of hitting clinical testing before the end of 2016.
Own their own fully equipped manufacturing facility with trained staff.
Gotta love the potential with the next year or two,.... although it's going to be a slow slog through 2016 to get there.
But I remain a patient (and well positioned) guy!
“The two most powerful warriors are patience and time.”
- Leo Nikolaevich Tolstoy
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