CytomX Therapeutics Inc (CTMX)

[puravida]

yeah I'm impressed they have such a robust cash position without having to heavily dilute, usually we see bios floats shoot through 100M-200M shares to raise this kind of cash. I do like the irons in the fire, this isn't their first partner setback...doesnt have to be a bad thing, but I find it hard to imagine this trades near cash as it is now, going into conference season etc... If the partnerships were terminated or a bridge burnt I would be a bit more uncomforaee, CEO was quite clear on the call that partner relations are strong as ever so we shall see.