Amarantus Bioscience Holdings Inc (AMBS)

[Skeetz99]

Great question!! The PD LID announcement is huge because the company now has a compound on the verge of being a Phase2b clinical trial candidate (with the In Licensing deal officially completed); they just need to start the trial up (in 2014). Therefore, I am highly confident that another transaction (whether its financing or a LymPro partnership is more than likely right around the corner).

Bottom line: I cant see any reason why Gerald would announce this deal in relation to its current (and weak) cash position. I predict that a venture capital fund will lend $30-$40mm in one lump sum (also, I believe the LID compound has been backed by MJFF; which was not mentioned in the news release this AM).

Note: Dr. David Lowe to present at 11:50Am today (at the OneMed conference) to provide additional details of this announcement.

Way to go Gerald!!!