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DewDiligence

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DewDiligence

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Re: pollyvonwog post# 10791

Thursday, 08/01/2013 9:58:17 AM

Thursday, August 01, 2013 9:58:17 AM

Post# of 20689

Looks like Rick Shea's guidance will be off by a fair amount this year...

Why? Cash burn during the quarter was $24M, which is within the $20-24M quarterly guidance range despite the once-yearly payback of $3.8M to NVS for pre-commercial Lovenox expenses.

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

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