News Focus
News Focus
Followers 48
Posts 7100
Boards Moderated 0
Alias Born 06/17/2009

Re: Reyeton post# 115887

Thursday, 08/17/2017 1:10:20 PM

Thursday, August 17, 2017 1:10:20 PM

Post# of 517696
First off, Rey and Bourbon, Biogen does not get any Anavex stock; it is not a stock swap. As to liquidity, cash will flow with the royalty payments, which might begin in 2018.

A deal with Biogen brings awareness to Anavex' pipeline and other firms/institutions will readily be willing to join forces and handle the R&D work on the other drugs.

Actually, having a boatload of cash on the balance sheet makes Anavex more attractive to other firms than if it were Biogen stock, which will appreciate in value with the line-up of 2-73, 3-71 et al.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AVXL News