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DonShimoda

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DonShimoda

Re: lax20m post# 13914

Monday, 11/07/2011 2:27:05 PM

Monday, November 07, 2011 2:27:05 PM

Post# of 80490
The company has another potential $40mm in upcoming approval milestones associated with rida. When you take their current cash position and burn rate into account and factor in that MRK is covering the co-promote expenses, there is no immediate pressure to raise $'s - even without partnering EU or Asia. My guess is the company will look to time the next financing around the rida approval and/or run-up to the ponatinib filing (that being said, harvey has surprised me with financings before,lol)

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