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DewDiligence

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Re: bladerunner1717 post# 7206

Saturday, 07/14/2007 2:24:30 PM

Saturday, July 14, 2007 2:24:30 PM

Post# of 57798
[OT] IDIX cash balance (2 of 3):

>The $160 million figure that I used came from 1Q report that reported cash at the end of that quarter.<

True, but more relevant is that $160M was the cash balance at the end of the second quarter on June 30, 2007. There was essentially zero cash burn during 2Q07 on account of Sebivo milestones received from NVS during the quarter.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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