RE:FDA green light friday gives lmnl 100M$ Which product? Exactly what are they focused on? Which indication in 4050/Fez? When will those preclinicals be ready to submit their NDA and phase 1 plan? That takes Liminal years to do that stuff based on history. What's their burn now? Unless they are withholding material info of a new direction within 4050, they don't have time or money even with $100M to get a drug even to phase 2. Burn was noted in Q1 slides after plasma sell off and it's ridiculously high for producing nothing and doing nothing in clinic.
Newcamo wrote: dont worry, these shares are gona run:) Look at the marketcap. LMNL has now cash and product.