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Liminal BioSciences Inc. 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
Post by sacrificemeon Sep 09, 2014 11:16am
435 Views
Post# 22919331

Cash on hand / burn rate?

Cash on hand / burn rate?HI , long time lurker, first time poster, and I really want to start my calling out the time and effort of investors such as Kristian, Bepando , Skyhigh .. .. u know who you are !
I am also 'all in' for Prometic, speaking with the RBC broker I deal with, he remains invested and optimistic, however one main concern that he has heard is PLI burn rate, and cash on hand; despite the recent loan by Thomson, he said this is a yellow flag that could turn red if certain milestones aren't reached;  I have watched out for comments around this but ? don't really see that much, if anyone could add in their 2 cents, would be grateful !  Thanks and .. GLTA !
Bullboard Posts