Post by
SPCEO1 on Jul 14, 2022 7:06am
Equity Financing upcoming?
The financing yesterday primarily took care of the convert but if TH-1902 is shown to work in phase 1b, then THTX will need money to do larger phase II trials. They could have shared this info earlier but chose not to - makes me think they were saving it for maximum impact before an equity offering. Just a thought - but they would need to raise additional funds for phase II trials if they do not go the partnership route.
Comment by
palinc2000 on Jul 14, 2022 7:29am
This morning s news should attract large pharmas interested in collaboration agreements or at least raise their interest