Monday, May 21, 2018 1:47:30 PM
Consider What GT Biopharma Could Be In The Future
Apr.25.18 | About: GT Biopharma (GTBP)
North Channel Investments
North Channel Investments
Dividend growth investing, foreign companies, healthcare, airlines
(890 followers)
Summary
GT Biopharma is currently developing several different treatments aimed to treat solid tumors, a specific autoimmune disease, and motion sickness.
The bio-pharmaceutical company has seen some signs of success in preliminary trials.
GT does not currently generate revenue. This means that they will have to continue to issue shares and seek investors that will continue to fund their projects.
GT will need a few hundred million dollars over the next few years in order to continue to fund the R&D on their products.
If GT achieves success, their products/company could be an attractive buy for large pharmaceutical companies.
https://seekingalpha.com/article/4165690-consider-gt-biopharma-future
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