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  4. Amarantus Bioscience Holdings (AMBS) Message Board

My point was never to peg the exact cost of the tr

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Post# of 30066
Posted On: 08/03/2016 10:38:32 AM
Posted By: All Aboard
My point was never to peg the exact cost of the trial - be it $2.5M, $3M, less than $5M, etc.

My point was that they have $1M to start and can possible ink a better JV after starting.

There are a lot of loonies on other message boards and twitter screaming that AMBS doesn't have the money to start the trial. They do. In fact, they may have 1/3 of what they need total.

They also have a CRADA which gives them a lot of freebies from the Army in addition to the AFIRM grant.



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