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Re: Doc328 post# 465573

Monday, 07/29/2024 7:53:51 PM

Monday, July 29, 2024 7:53:51 PM

Post# of 518945
Company's runway rate projection hasn't changed the last couple years and we still have around $130MM on hand, over 3 years of runway, so something has changed in the last few quarters where the company now thinks it will need more cash than that. The new trials finally getting underway are no doubt one factor, but likely not the only one, given the amounts involved.
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