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Liminal BioSciences Inc. PFSCF


Primary Symbol: 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

Comment by sah1on May 22, 2020 4:11am
165 Views
Post# 31059585

RE:RE:RE:RE:RE:RE:Equity raise or LoC

RE:RE:RE:RE:RE:RE:Equity raise or LoCStockman, I was sad to see Moran and Gagnon and a large number of their respective teams leave the company. However, corporate presentations have indicated that the company has identified some 30 molecules/applications which will drive their future small molecule program. The next step for 4050, 4547 and others to be identified is to get them into clinical trials which are done in a rigorous and professional way (placebo controlled). The company has a new fellow who&nbsp;<br /> has a lot of experience in leading clinical trials and the trials themselves will likely be contracted out. I n my view the intention is to create value in the small molecule division with successful clinical trial results in a couple of applications and then sell it to the highest bidder. So in this sense I am ok with the downsizing of the scientific team. Let&#39;s see if the company get things right this time around. Unfortunately it is going to take time and money in a Covid uncertain world.
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