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Re: jmf4 post# 9634

Wednesday, 03/25/2020 9:26:57 AM

Wednesday, March 25, 2020 9:26:57 AM

Post# of 10350
Dilution certainly sucks but absent generating revenue or finalizing a partnership it's the only way to fund operations; cost of doing business.

In real terms $1.7M burn rate/qtr is pretty minimal for a startup biotech.