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For the BLA, no, I don’t believe they need 30M.

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Post# of 153988
(Total Views: 224)
Posted On: 05/02/2019 7:52:43 PM
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Posted By: trding
Re: JmcII #2435
For the BLA, no, I don’t believe they need 30M. That number was thrown out in early January before the cash raises. And later a couple months ago, NP said 30M to revenue, which I assume he meant Jan 2020. Basically they need enough to cover the monthly cash burn until the get the safety data to submit the remaining pieces I believe... 3.3- 4M per month. I assume they have May covered. If they can get it done by July 31st, that is probably $8-10M more needed. They still have to cover the burn rate until approval, but with the tnbc trial starting, the mono pivotal submitted, maybe we get some excitement back. This financing issue is stealing all the great science being done. Yes, there are delays, but they are just that, delays, I’m expecting great results when everything gets started.


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