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Pulmatrix had $27.8 million in cash at the end of
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(Total Views: 412)
Posted On: 04/17/2020 11:19:56 PM
Posted By:
Commando911
Pulmatrix had $27.8 million in cash at the end of September 2019. They go thru about 4 mil a quarter or so it looks like. They also got over 7mil from J&J in the beginning of this year.. That should be enough for at least a year and a half.
So this cash raise and dilution is peculiar.
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