Responses from IR to 3 of my recent questions What is the percentage of Medicago (t.MDG) owned by PMI?
40% (included in investor presentation posted on the Medicago website)
Is Medicago reached by the end of March the 10,000,000 doses of vaccine (per month) as stated in the agreement by Darpa?
The production of the 10M doses in one month is ongoing. This is the 5th milestone related to DARPA, also as described in our presentation.
How is the weakness in the stock explained?
While difficult to answer, it is possible that recent negative news from other Canadian biotechnology companies such as Aeterna and Cardiome is weighing down other Canadian biotechnology stocks.