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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. > I don't think it has bottomed yet
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Post by DryBones on Nov 16, 2020 3:57pm

I don't think it has bottomed yet

Give it time.  If approval for manufacturig check points is NOT  granted then ther bottom is a long way down.  

The check points are for quality control of drug manufacturing.  I'm  now thinking that the explanation, one more check point was the "light" or PR description of the problem.  I think they have a quality control problem.  I suspect now that their blood plasma filtration process does not work very well, otherwise by now it would have been adopted by other blood fractionators.
Comment by Jackhigh on Nov 17, 2020 2:06am
Pure garbage speculation. It was clearly pointed out in thier news release the reason. "On November 6, 2020, the FDA notified us that the submission of this additional information by the Company constituted a major amendment because the submission contained substantial new manufacturing or facility information not previously submitted to or reviewed by the FDA, which entitles FDA to ...more  
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