Posted On: 07/14/2016 10:12:01 AM
Post# of 72446
I forgot how much CTIX has right now in their bank (someone can read the filing), probably less than $7 mil (?). How to get the other $23 mil? By doing another round of Aspire deal? At current share price? Yes? Or maybe they feel that Prurisol has a better chance to generate revenue to fund B-ABSSSI trials and other additional Brilacidin trials for treatment like hidradenitis suppurativa, diabetic foot infection, otic infection, etc, hence they decided to focus on Prurisol first?

