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Re: MERCURIAL post# 2975

Thursday, 08/10/2017 2:11:04 PM

Thursday, August 10, 2017 2:11:04 PM

Post# of 27659
??As of June 30, 2017, the Company is in the preclinical testing of some of its vaccine candidates and a commercially viable product is not expected for several more years. However, the Company generated some revenue through a small research project with Sanofi for influenza vaccines and from collaboration and grant agreements for R&D services. Management believes that the Company?s research and development activities will result in valuable intellectual property that can generate significant revenues in the future such as by licensing. Vaccines are one of the fastest growing markets in the pharmaceutical industry.

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