NorthWest Biotherapeutics Inc (NWBO)

[ATLnsider]

These statements are very encouraging, forward-looking, and tells us some of the things NWBio has been spending money on recently:

Our operating costs also include the costs of preparations for new or expanded clinical trial programs, such as our planned Phase II clinical trials. The preparation costs include payments to regulatory consultants, lawyers, statisticians, sites and others, evaluation of potential investigators, the clinical trial sites and the CROs managing the trials and other service providers, and expenses related to institutional approvals, clinical trial agreements (business contracts with sites), training of medical and other site personnel, trial supplies and other. Additional substantial costs relate to the maintenance and substantial expansion of manufacturing capacity, in both the U.S. and Europe.

Also, please note that the words clinical trials are plural, in this sentence:

such as our planned Phase II clinical trials

And, alsn note that NWBio is expanding manufacturing capacity in the "U.S. and Europe"