captsecord wrote:
after hours friday indicates good news... they are du for an operational update, they have a pipeline and they have money now. Be patient. Analysts will update their targets, and that will be up 100%. They might wait for the operational update though.
News incoming obviously! volume 1M after hours...something is up...
Good financials or good news or both.........
at one point we were +20% after hours......something is coming. Patience is a virtue
money at hand more than 120M$, market cap......75M$
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from latest nr:
...
"We are pleased to announce the sale of the PRV, which will provide an important source of non-dilutive capital to advance the continued development of our small molecule pipeline," said Bruce Pritchard, CEO of Liminal BioSciences. "This transaction is also another key milestone in completing the divestiture of our remaining plasma-derived therapeutics business to Kedrion."
Mr. Pritchard added, "Our priorities now are to move to a full analysis of the complete PK data set from the phase 1 multi-ascending dose clinical trial for fezagepras, which will help determine the choice of any other potential indications for further development with that compound, as well as continuing with the development of our GPR84 and OXER1 programs. We look forward to providing a more comprehensive update on these programs in due course."