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DewDiligence

08/01/13 9:58 AM

#10792 RE: pollyvonwog #10791

Looks like Rick Shea's guidance will be off by a fair amount this year...

Why? Cash burn during the quarter was $24M, which is within the $20-24M quarterly guidance range despite the once-yearly payback of $3.8M to NVS for pre-commercial Lovenox expenses.
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jbog

08/01/13 11:31 AM

#10795 RE: pollyvonwog #10791

It's nice that Shea made some nice sales over the last few days. Of course he had filed an earlier plan.