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Re: DanWebzster post# 104

Monday, 04/16/2018 2:26:20 PM

Monday, April 16, 2018 2:26:20 PM

Post# of 438
MNLO dropped significantly on poor results for a Ph2 Atopic
Dermatitis study during 4/18

There are mitigating circumstances:
* It has recently reported positive Ph2s in two other indications
* Two more Ph2s are pending.

Cash on 12/31/17 was $62.5mn providing a runway thru 2018

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