How can we afford the Trials cost of Urocidin? Note under this deal, we are responsible for the development cost and manufacturing cost. (in Canada, Mexico and S. Africa) Before we can sell it to other countries, we need the pproval first. And the only foreseeable trials are the ones in Canada. That means we are responsible for this cost. I guess we must sell AH now to raise the fund. And you can forget the dividend. All will go towards this gamble in Urocidin.
Unless, we can come up with a U.S. company that is willing to fund the FDA trials in U.S. And the price (rights assignment) won't be cheap.
Any guess how much we can get the SP to even if all works out?