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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

Post by Dibah42on Nov 13, 2020 12:04pm
828 Views
Post# 31895472

CEO leaving for personal reasons

CEO leaving for personal reasonsClassic euphemism for getting fired  And a firing well justified.  Second highest remuneration in the entire province.  Second only to the CEO of BCE; a $51 billion enterprise. When treasury is running on fumes cutting salaries is the quickest route to stop the bleeding. Pretty sure there was no settlement either as he had already been paid for fobbing off his worthless co. on to shareholders.

"Success is just around the corner.  It's just a matter of time".  Sound familiar?  How many times in the last two decades?  Has management mastered the critical importance of "time"? I wonder.

Somebody goofed in their communication which gave the FDA an excuse to postpone the pdufa. The proverbial last straw.

On another occasion, when the fuel tank icon was similarly flashing orange, Pritchard arose to announce that he had found an additional $14m by selling plasma inventory.  Are there any rabbits left?
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