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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 GoBBson Mar 26, 2021 4:23pm
88 Views
Post# 32888344

RE:why would a biotech company put on hold

RE:why would a biotech company put on hold

From the Q call transcript:

Operator

Your next question comes from Edwin Zhang of H.C. Wainwright.

Edwin Zhang

First one, can you provide us more color on your strategic business trips? What assets are under consideration for divestment from a timeline perspective, a bit more likely to happen in the second half of the year after the Ryplazim PDUFA date? And then I have a follow-up.

Bruce Pritchard

Okay. I'll maybe start off on that, and then I can ask Patrick to step in as well. But as we said in our press release, we're -- we've made the strategic decision that we'd like to focus the business on our small molecule operations going forward. So we're looking to divest our plasma business in its entirety, whether that's in 1 or multiple transactions. So we're looking to divest the plasma centers, the manufacturing operations and the Ryplazim asset. So that's the nature of what we're looking for.

I think it's without giving anything away on what we're doing with negotiations and discussions that would be commercially sensitive. The reality is that we are looking at all opportunities here, whether we do this before or after Ryplazim approval.

 

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