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DewDiligence

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DewDiligence

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Re: alertmeipp post# 12249

Friday, 06/27/2008 12:05:30 AM

Friday, June 27, 2008 12:05:30 AM

Post# of 19309
>Should be abit over 12M now...with latest [fibrinogen] deal.<

$11.7M of “existing” cash means existing as of the latest quarterly report, i.e. 1Q08.

I preume that GTC’s assertion of cash neutrality in 2Q08 takes into acount the $550K received for the fibrinogen deal, so we need not make any adjustment to the guidance in #msg-30250952.

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

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