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Re: loanranger post# 325309

Friday, 09/25/2020 5:41:30 PM

Friday, September 25, 2020 5:41:30 PM

Post# of 403545
I sort of feel like manufacturing would be a current expense?
(could be for both IV as well as IBD)
IBD and/or B-OM related developmental expenses?
Kevetrin tox-study completion and reform-expenses?
CRO for B-IBD expenses?
Along with paying a CRO or possibly 2 for upcoming SARS CoV-2 trials?
Contractors for regulatory assistance for SARS CoV-2 etc?

Additionally, who knows?

$1.4M goes pretty quickly with a handful of indications running...

Given the possible expenses as you describe them (plus rent and some other stuff), this didn't seem like much to me:

"it seems they spent $1.4M on something between 6/30 and 9/14."
That's just 2 weeks shy of a quarter and they lost an average of $1.8M a quarter in the last year so nothing crazy.

But the skeptic in me wonders if the last two weeks of September might be heavy on the fund raising.
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