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exwannabe

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exwannabe

Re: wallstarb post# 77322

Tuesday, 05/05/2009 8:40:04 PM

Tuesday, May 05, 2009 8:40:04 PM

Post# of 253104
Re: ZGEN's balance sheet

They have $152M in cash as of end of Q1, they have a $75M credit line, and they will quite likely receive a milestone from BMY ($80M? I forget). They also may well get a EU Reco milestone payment.

Please tell me how the balance sheet is that weak?

Yes, as with any bio if all the tech fails then so will the company. But the winter deadline seams a tad irrational.
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