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Bullboard - Stock Discussion Forum Medicago Inc MDCGF

GREY:MDCGF - Post Discussion

Medicago Inc > Responses from IR to 3 of my recent questions
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Post by Jentai on Apr 11, 2012 11:21am

Responses from IR to 3 of my recent questions

What is the percentage of Medicago (t.MDG) owned by PMI?

40% (included in investor presentation posted on the Medicago website)



Is Medicago reached by the end of March the 10,000,000 doses of vaccine (per month) as stated in the agreement by Darpa?

The production of the 10M doses in one month is ongoing. This is the 5th milestone related to DARPA, also as described in our presentation.



How is the weakness in the stock explained?

While difficult to answer, it is possible that recent negative news from other Canadian biotechnology companies such as Aeterna and Cardiome is weighing down other Canadian biotechnology stocks.

Comment by beenthere on Apr 11, 2012 12:52pm
Thanks for sharing. They should know the percentage PMI has but I am sure they were over that and it stated so in the news release. When I have the chance I must check. But you had other questions, right? Can I ask why you are not sharing those answers?
Comment by Jentai on Apr 11, 2012 2:06pm
Only three questions and thé anwers are all there
Comment by beenthere on Apr 11, 2012 3:41pm
It was just your wording ..."3 of my questions" implies there were more than 3. thanks
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