TSXV:BTI.H - Post by User
Comment by
prophetoffactzon Jun 20, 2022 3:05pm
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Post# 34769444
RE:RE:Get your questions posted!
RE:RE:Get your questions posted!Interesting that BTI still appears to be 2-3 years from filing an IND for xB3 and that given BTI will be doing a small staged financing on the way to $6 million it doesn't appear as though there is much if any significant money coming in from partner mllestones or licensing of xB3 any time soon despite the timelines since the deals were announced. Difficult market conditions were mentioned. After a decade in development BTI's lead program is suddenly a program that doesn't require xB3 as it can get over the blood brain barrier by itself.
Seems like right now the play is if BTI and Ladenberg can talk the stock up ahead of a staged financing despite market conditions.