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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 Oct 03, 2017 3:46pm
311 Views
Post# 26772176

RE:RE:Recent advice to a close friend...

RE:RE:Recent advice to a close friend...Based on the track record, additional debt financing from Thomvest could be possible to extend the cash runway by  2-3 months ($25-30M) but not the entire funding gap of of $75-100M. Of course, if P)LI gets a voucher, there is no reason why Thomvest couldn't advance a more significant traditonal short term  loan using the voucher as collateral.
Bullboard Posts