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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
Post by DryBoneson Aug 25, 2018 8:58pm
184 Views
Post# 28517935

will our financial position bugger us?

will our financial position bugger us?If there are several parties interested in PLI then no.  The reason is that an interested party
could not guarantee securing any rights after bankruptcy.  The competition then might be even more brutal.  It would be a foolish strategy for a potential partner.

But If there is only one party interested yes. It would put us in a weak position.  I have to trust there is more than one interested party despite the long history of doubtful clarity.  The market is saying it won't wait and continues to fall.
Bullboard Posts