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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

Bullboard Posts
Comment by Maolain1on Nov 05, 2013 2:46pm
284 Views
Post# 21878285

RE:FrancoisD

RE:FrancoisDThis response may seem obvious, though any developments/news pertaining to the following statement is likely to occur within the next 4-6 months.  They will put offering financing to use in various capacities and as this happens they will report on the intent/impact.  Again, as I mentioned in my predictions (which I don't think you were directly referring to with this question per say) the timing is the biggest question. 

"The net proceeds to the Corporation from the Offering will be used for the advancement of the plasma-derived orphan drug and small molecule therapeutics clinical programs. The net proceeds will also allow the Corporation to exercise greater control and ownership over its technology platforms rather than solely enabling third parties, therefore providing an opportunity to retain a greater portion of the associated value for its shareholders."
Bullboard Posts

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