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Medicenna Therapeutics Corp T.MDNA

Alternate Symbol(s):  MDNAF

Medicenna Therapeutics Corp. is a Canada-based clinical-stage immunotherapy company. The Company's principal business activity is the development and commercialization of interleukin-2 (IL-2), interleukin-4 (IL-4) and interleukin-13 (IL-13) Superkines and Empowered Superkines for the treatment of cancer, inflammation and immune-mediated diseases. Its long-acting IL-2 Superkine, MDNA11, is an IL-2 with superior CD122 (IL-2 receptor beta) binding without CD25 (IL-2 receptor alpha) affinity, thereby preferentially stimulating cancer-killing effector T cells and NK cells. The Company’s IL-4 Empowered Superkine, bizaxofusp, has been studied in five clinical trials including a Phase IIb trial for recurrent glioblastoma (GBM). The Company’s early-stage Bifunctional SuperKine ImmunoTherapies (BiSKITs) program Targeted Metalloprotease Activated SuperKine (T-MASK) programs are designed to enhance the ability of Superkines to treat immunologically cold tumors.


TSX:MDNA - Post by User

Bullboard Posts
Post by CirQitRnron Oct 25, 2017 11:16am
254 Views
Post# 26855934

What am I missing?

What am I missing?Hello fellow Bullboardians, I am starting to look at medical stocks in addition to what I traditionally trade and need some general advice from the group. I'm looking at MDNA financials and can't find a way to justify/prove how there can be a $2-$3 share price on 23M shares outstanding. Does everyone accept that companies like this bleed cash and buy-in hoping to hit the rocket blast up if the research pays off? What's the model here? Thanks all.
Bullboard Posts