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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

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Post by Steve33 on Sep 18, 2020 10:04am

BLA

This may have the best chance of all BLA submissions to date. There is not one knock on it. Something can always happen as the previous management showed so nothing is 100 percent. I'll be gratuitous and give it a 98% chance instead of 99%.  The question is the price target and do you sell on news. It may run on news. Were used to selling on news. This may be different. Partnerships will be attractive. They won't be able to use leverage because we are broke and running out of money. Big guys partner with winners which we will be. It is extremely exciting about the possibilities after the BLA acceptance. The 4050 will be a go and the blood proteins will ramp up. Disgusting amounts of cash flowing in. We all deserve this, especially any longs that hung in.
Comment by Newcamo on Sep 18, 2020 10:12am
This post has been removed in accordance with Community Policy
Comment by Francois33 on Sep 18, 2020 12:20pm
New camel said... Everybody is loading. hello Mcfly, look at the volume.  Pathetic !!! Time to get your pills my friend, don't wait too long... Francois33
Comment by PLITheOne on Sep 18, 2020 1:33pm
Is today not the day to find out whether or not the BLA is accepted. Knowing Liminals underhanded business practices they won’t disclose to shareholders if it’s a flop!!
Comment by 4Justice on Sep 18, 2020 1:56pm
Accepted or not, what does it change. If not back to square 1, if accepted they will have to wait at least 4 months (according to camo) to have the FDA approuval...or not. Where do they get the money to go there ? $ 10 millions a month... They just starte3d to burn the $ 29 million credit margin. They have to find something BEFORE the last $ The runway is very short for this big plane full of ...more  
Comment by GoBBs on Sep 20, 2020 8:34pm
The runway is very short for this poutine shack ... how does 4050  go from excellent results in Alstrom, an "apparent"  perfenidone killer in fibrosis therapy back to phase 1 ? geez, an ETF at 4%/yr is a waaaaay better investment.
Comment by GoBBs on Sep 20, 2020 8:39pm
Someone is either blowing smoke up our azzes or hiding the truth ...pretty obvious.
Comment by GoBBs on Sep 20, 2020 8:42pm
Just like when PL "pre-empted" the FDA's CRL .....that they never admitted they actually got from the FDA until much later.....oops sounds like a lawsuit.
Comment by aldo451 on Sep 21, 2020 8:50am
What negetavive spin are you and your buddies (FrancoisMcFly33, Gobbs, Gunner, 4 justice... ) going to put on this NR? Oh wait, I forgot...they are going to fire everyone and then pull the plug and shut down.
Comment by 4Justice on Sep 21, 2020 10:05am
What I would say...You still need $ 10 millions a month and you have 5 month to wait and only $29 millions on credit margin. It won't be a walk in the park. GLTA
Comment by eric40 on Sep 21, 2020 10:24am
Obviously they will have to come up with money one way or another before the BLA unless they get the BLA very fast. And they are not gonna wait until there is no more cash available unless Thomvest wants another restructuration in order to wipe again the shareholders and Consonnance. With the resubmission being accepted by the FDA, it brings more credibility and should help get financing. Also, ...more  
Comment by PLITheOne on Sep 21, 2020 11:50am
Most understand that there is more to this story, let the reputation of TV guide you.
Comment by GunnerG on Sep 21, 2020 4:40pm
exaggerate what the NR actually says and I will respond.  Good news.
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