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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

Comment by sah1on Jul 03, 2020 3:32pm
269 Views
Post# 31221987

RE:RE:The thing is....

RE:RE:The thing is....Because of the past history, I feel that the LoC will be used as a measure of last resort. Also, there is a need to improve market liquidity so an equity raise on Nasdaq would fit the bill. 5M shares at US$ 15- 20 would set the company up very well.

Alternatively, I wouldn’t mind if Lmnl sold a significant interest of its plasma protein business to a private equity firm with cash upfront and under conditions that the new partner finances new iv and sub cutaneous apps before selling the platform 3-4 years from now.
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