Biotech Values

[mcbio]

Keep in mind if they raise a lot of money, here, with the stock at a buck, I can only guess how bad the terms will be. It's not easy or common to dig out of those kinds of holes.

Right, I don't disagree with that. I just don't get why they didn't just try and shore up their balance sheet some time ago and raise enough so you know you could take the drug through to P2 PoC if need be.

Who knows, maybe this data will be enough to get them a partner or even a suitor. I've just got to the point where I'm not as willing to gamble on the true boom-or-bust plays, particularly when they are so close to running out of cash.