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wallstarb

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wallstarb

Re: acgood post# 87737

Friday, 12/18/2009 9:14:13 AM

Friday, December 18, 2009 9:14:13 AM

Post# of 252431
MYRX had about $165m cash and no real liabilities (maybe $5) so net cash was about $160m. Was essentially a bank account with a few drugs in the pipeline.

They were probrably one of the few cash rich bios left out there (trading under net cash)

They have enough cash to do whatever needs to be done.
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