GREY:ICOTF - Post by User
Post by
stockgurukingon May 30, 2013 2:31pm
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Post# 21462302
Cash runway. PT: $1.25
Cash runway. PT: $1.25 The current cash on hand is ~$4million dollars which when taking into account G&A and the cost of the trial (all of which can be found in the Q1 financials) gives the company cash until Q2-1014 and past the Phase II primary end-point data.
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Doug Loe at Byron had an update this morning on ICO with a $1.25 target that was positive on the company and the Ophthalmology sector.