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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 Sep 24, 2020 11:13am
148 Views
Post# 31611301

RE:RE:RE:RE:We are waiting for an explanation Realstocky

RE:RE:RE:RE:We are waiting for an explanation RealstockyI wouldn’t disagree with you, Stockman. All the more incentive for LMNl to sell the Ryplazim platform upon approval along with the voucher if granted. A big dividend could be granted after sale, enabling all shareholders to get their money back plus a little profitwhile leaving $100-150M to further the small molecule opportunity. If Phase 2 placebo controlled trials of 4050are successful, I could see the small molecule division sold off to the highest bidder Shortly thereafter.

The fact that Culow  has been replaced by the new President of Thomvest signals to me that Thomvest is interested in getting as much as possible from the Lmnl in the shortest timeframe possible. They are no longer interested in even developing each asset for 3-5 years to maximise return. I believe the new mantra is ‘get good results and get out!

The fact that Culow  enabled the Fairhaven deal to go thru may have led to his ouster as such a move does not fit with the new philosophy. That’s what I think anyway.


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