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Re: tonysd57 post# 19401

Tuesday, 01/16/2018 9:54:59 PM

Tuesday, January 16, 2018 9:54:59 PM

Post# of 233768
I really don’t think comparing this to some generic startup really applies. If a startup has some product or service that has this level of burn rate for this long then your right, the future does not look good. However in a small biotech, the cost in time and money to get through trials is significant and well known. The market for pro140 is also very well known from existing drugs. I don’t think scaling the market size and value of the product just because of the time and investment exceeds the original plan. We are talking about many multiples here so even a doubling in time and money to get there does not change the ultimate value, as long as that value is proven with data.
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