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Liminal BioSciences Inc. PFSCF


Primary Symbol: LMNL

Liminal BioSciences is a biopharmaceutical company focused on the discovery and development of novel, small molecule drug candidates for the treatment of patients suffering from fibrotic or inflammatory diseases that have a high unmet medical need. Liminal BioSciences operates on an integrated basis from our talent hubs in Laval, Quebec, Canada, and Cambridge, UK. Our common shares are listed for trading on the Nasdaq Global Market.


NDAQ:LMNL - Post by User

Bullboard Posts
Comment by coyote13on Mar 24, 2017 2:19pm
271 Views
Post# 26027452

RE:RE:RE:RE:RE:Cash

RE:RE:RE:RE:RE:CashScott:

All good thoughts  from you as usual. There are other sources of cash for sure but there is no precedent yet and one assumes they are not immiment.   I was simply trying to get CPA Trader up the curve at a high level.

The  amount of the SA financing strikes me as more of a bridge or top up to get PLI to  some point. Many unknowns as you point out and PL has inferred PLI needs a min of $25-50 million as a base.

PLI also  has invested in inventory related to the Plasminogen launch through Q3/16 which forms part of the $25 million burn  and one assumes they continue to do so in order that upon approval, PLI is ready to sell the product.

Coyote13
Bullboard Posts

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