Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 stockman6767on May 29, 2021 10:45pm
163 Views
Post# 33293577

RE:What pharma company give away a billion dollar investment?

RE:What pharma company give away a billion dollar investment?Eric, you hit the nail on the head in your post, but you were a little too fuzzy on one point you made:

You wrote: "Instead, they sell it for 5 millions !!!!!!!!! and give away 30% of a 100 millions $++  pediatric voucher"

Actually they did not sell it for $5 M. At this poit in time they have ZERO dollars for it. What they did was GIVE and option to Kedrion which they could exercise for $5 M  AFTER THE FADA DECISION IS MADE ON THE PDUFA DATE AND THE RESULT IS KNOWN. So if they get a CRL or lr a CMC problem etc they get zero dollars, they only get the $5 M if Kedrion decides to exercise AFTER a positive result from the FDA whicj then means they gave away $30 M from the voucher plus the golden goose from the revenues from Ryplasim. Totally senseless move unless it is meant as a move due to the law suit. The only trouble with this is it makes what they are doing too obvious. When the jusges eventually has this shown to him, he will throw the book at Thomsono and the defendants. subtelty has gone out the window!
<< Previous
Bullboard Posts
Next >>