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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 Felcoon Nov 22, 2016 3:09pm
270 Views
Post# 25497550

RE:RE:RE:RE:RE:RE:Back to 2.80 soon!!

RE:RE:RE:RE:RE:RE:Back to 2.80 soon!!Do we really want to go down the path of PLI calculating their cash burn to revenue ramp up and all the predictive assumptions that go into that?  Sorry, been down that road before with PLI and timing is not their strong suit.  I'm not overly comfortable with a years worth of cash burn on hand.

I fully appreciate the magnitude of what PLI's got, but I fear the consequences of falling too much in love with the pipeline. I'd like for PLI to do a regional deal or partner a specific indication and effectively blow the fog of uncertainty with regards to whether the company will be further expanding their float.  Sure, opportunity would be lost in a specific sense, but it's called managing of assets.  There are times when it's strategically benificial to do so for the long term health of the company.  Let PLI issue a bunch more shares when it lists on the Nasdaq. 

Good luck,
Felco


Bullboard Posts