Biotech Values

[jbog]

There will be a hurry in my view.

They'll enter 2019 with approx $175/$180 mil if they lose $30/$35 mil in the 4th Qtr.

Considering they'll probably estimate a 2019 spend of $130/$150 mil they certainly will need cash midway thru the year when they will have a balance in the area of $100 mil.

They did their last sale when they had $145 mil in the bank.