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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
Comment by sah1on Mar 24, 2017 1:58pm
304 Views
Post# 26027287

RE:RE:RE:RE:Cash

RE:RE:RE:RE:CashI agree with your numbers Coyote however PLI can never run cash down to zero. The company would have to maintain a minimum balance of $25-30M. So based on your numbers, it is safe to assume that PLI has enough cash until end of Q3. A 4050 regional deal, pediatric voucher and/or partnership deal with Roche on 4050 would all provide sources of funding extend the runway/increase share price before a NASDAQ listing.
Bullboard Posts