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Rdunn88

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Rdunn88

Re: rumpus008 post# 331761

Friday, 11/06/2020 2:36:59 PM

Friday, November 06, 2020 2:36:59 PM

Post# of 403061
Nice read on trial costs...Average P2 is around 13 million.. Also, how much of the 6 million remain? Can't assume IPIX's only budget is for a trial? Salaries, continued lease payments and so on... Recruiting can be cheaper if hospitals contribute... Leo has to raise capital ahead of need so I'm expecting dilution to keep going.

Trial costs 6 to 8 million my guess and additional 3 to 4 million from Aspire for general expenses with a buffer for Q4 and 2021...


https://www.sofpromed.com/how-much-does-a-clinical-trial-cost/
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  • 1M
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