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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

Comment by GunnerGon Jul 29, 2021 7:41pm
59 Views
Post# 33630018

RE:Not so good looking forward

RE:Not so good looking forwardLOL, they made a deal to sell two collection facilities, Ryplazim (their only revenue) and sold 30% of the voucher for $22M.

LMNL gets 70% of the voucher when sold.  Should be about $70M coming from the voucher.  Thats a total of $92M.

Had LMNL just sat on their hands and not made this dumb deal two weeks before FDA approval, they would have had $100M, kept the two collection facilities and kept Ryplazim and its revenue stream.

This is the deal StupsNewcamo thinks is good.  Nothing left.  Explains the down trending SP.
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