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ghmm

06/28/19 8:37 PM

#225443 RE: bladerunner1717 #225440

ABEO:

Yes on following them and them needing cash soon.

Management (3rd rendition) has not done well thus far (telling story, executing, creating value, strengthening balance sheet...)

Assets/Valuation: I think they have a good mix of assets priced as cheaply as any gene therapy company one could find probably because of a management/financing discount. Their MPS IIIA + EB get all the publicity but the jewel could turn out to be their CF program and perhaps some differentiated vectors from their library.

They could announce a deal to relieve some of the financings overhang. The chairman owns a ton of shares or I'd be more worried about one of those 100% dilutive toxic financings though I guesss that can't be totally ruled out.

Any specific questions? I'm not on I-hub too much these days you could try ask on Twitter for a quicker reply (@MauriceOnTW).