RE:Hi guys
Some of those questions are a little hard to answer...
1) The company isnt saying how much their first payment will be from Wanbang which is smart as you dont want to give companies any leverage in future licensing deals...Im not sure when either.
2) Havetn heard anything but you could try calling company on that one. Sirona is usually pretty good at keeping us informed so im sure we will hear about it when it does happen
3) There has been no deals signed in regards to skin lightener being taken to commerialization so revenues are still a ways away. SIrona has always boasted that the skin lightenr is quick to market though so once a deal is in place, the ball should start rolling quickly. And they have TWO skin lightener compounds, both of which out perform the current market leader...
4) This is one area of concern...Theyve only got cash for a few more months but as we dont know how much they will (or have) received from Wangbang it is a grey area... They get funding for their travel by Canadian trade commisions, they get a grant form French government for Skin lightener studies , and now WangBang is fronting the bill for the rest of the SGLT2 studies and hopefully commerlization if all goes well. So we are not too sure on the current financials of SBM...
With more deals rumoured by end of year I am hoping that we wont need to see another PP here but we may be instore for one more as soem have posted...It all depends on how much they received from Wangbang and how much longer to skin lightener licensing deal...
Good Luck and Welcome aboard!
db