Replies to post #24595 on Humanigen Inc (fka HGENQ)

[PITrader87]

I did see that.. am I correct in thinking the $68 million on hand doesn't include the $100M from the already announced controlled offering?

The news today & the wording in the 8-k ("..and government funding or financial support, if offered") point to a good potential for GOVT funding to get us through to revenue. Fingers crossed..

[eom7]

If the COVID-19 clinical study is successful and an EUA is granted in the second quarter of 2021, the Company expects to be able to satisfy the bulk of the cash requirements associated with its manufacturing commitments from revenues from the commercial sale of lenzilumab, supplemented as necessary with proceeds from the sale of our equity securities; the incurrence of debt; upfront and milestone payments from licensees; and government funding or financial support, if offered.