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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 Transit77on Apr 01, 2019 7:00pm
239 Views
Post# 29566695

The part i didnt like is this but again who knows ??????

The part i didnt like is this but again who knows ??????

However, cash remains limited  and we continue to rely on the support of SALP while working on these other initiatives."

"Addressing our material liquidity and balance sheet challenges remains our highest priority. We anticipate that it will most likely require a combination of material corporate, financial and business development transactions to successfully stabilize the financial and liquidity position. This could include a restructuring of the SALP debt and / or recapitalization transaction, and a significant additional equity financing to finance the Corporation to value-creation catalysts such as partnerships and monetization of non-core assets " added Mr. Pritchard.


Read more at https://stockhouse.com/news/press-releases/2019/04/01/prometic-reports-fourth-quarter-and-2018-year-end-financial-results#GdHrIzuWBHXJpOrB.99
Bullboard Posts