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Superfly15

01/25/12 12:35 AM

#135636 RE: mcbio #135615

I think they should take advantage of the jump and raise some cash.



They have quite a bit of cash, 30 million to be exact. Appears they burn like 2-3mm a quarter as well.

Someone I know (trustworthy) told me that the company deliberately avoided him in San Fran at the conference a couple weeks ago...I find that odd as well.

genisi

01/25/12 7:45 AM

#135647 RE: mcbio #135615

I think they should take advantage of the jump and raise some cash

Rumor (published earlier today in http://www.calcalist.co.il ) is BLRX will raise $10M soon.