Intro to Bioniche
I have a few questions for the regular followers. New and thinking of taking a position:
1. Is there any anlyst or banking coverage on the stock today? Are there any reports available because there isn't much independent info available on line at all?
2. Is the cash position 10 mil canadian or 18 mil canadian? I have found both numbers at various sources today and I know a financing is being worked on so I am looking at after financing cash.
3. Is a second Phase 3 trial required or is that to be determined? It sounds like it is not but that is not clear when researching.
4. Is the product licensed in Canada? Has it been turned down or not applied for yet?
5. Is Endo still the US partner?
6. Weird question, but what are the reasons for a 25 million dollar total valuation? The company just looks missed under the radar unless I am missing something.
TIA