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Bullboard - Stock Discussion Forum 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... see more

NDAQ:LMNL - Post Discussion

Liminal BioSciences Inc. > No guarantee, not before BLA
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Post by GunnerG on Jan 13, 2020 2:39pm

No guarantee, not before BLA

I understand Stups, some whos first language is French may have trouble understanding the presentation and wording used in the NR. 

What management is presenting, are separte events in a bulleted list.

Listed point 1 is the "anticipated filing of BLA".  No guarantee, management is anticipating its sumbmission.  Definition of anticipated - "regard as probable; predict.".  Remember, they haven't got the FDA required checks in place and its been two years.

Listed point 2, "expected completion" of partnership.  No guarantee of a partnership they are hopeful to get a deal. 

Also, you failed to highlight the most critical part of point 2; "if approval received".  Management is stating a partnership is hopeful; if the FDA approval is received.

Point 1 is a separate event, ie filing BLA.

Point 2 is another event, totally separate from the first.


Key Corporate and R&D Priorities for 2020

  • Anticipated filing of an amended BLA with FDA for Ryplazim for the treatment of congenital plasminogen deficiency in the first half of the year
  • Expected completion of a global marketing partnership for Ryplazim, and preparation for commercial launch of Ryplazim in the United States, if approval is received
Comment by marcjohnson on Jan 13, 2020 2:56pm
This post has been removed in accordance with Community Policy
Comment by personal on Jan 13, 2020 2:59pm
I have to break the news to you but we have been told these exact same things, like filing the BLA, expected partnerships, etc.for at least 3 years. Go back to the previous couple of years of news releases and updates, the exact same things. I know it was  previous management that promised these, but we long term holders have been so badly scarred, I an't even begin to start complaining ...more  
Comment by GoBBs on Jan 13, 2020 3:03pm
same old so far ..anticipated, expects to .. means nothing until they "do it" ... PLI is a pro at non news NR's and have been for many years.
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