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Citrati

03/14/16 10:01 AM

#2362 RE: DTheMan #2361

Early stage bios "Always" need funding. To have a shelf registration is a good thing as it shows a potential source of known funding. Any surprise is then usually some kind of partnership or other positive as the company continues its progression. One of the worst price pressures on a company is knowing it is running out of money with limited options. Not the case with IDRA.
The S-3 and heavy Baker backing place the emphasis on progression of science.
IDRA is in good shape. All IMO. Do your own fact checking.