DXB 0.00% 38.0¢ dimerix limited

Ann: ACTION3 IND Approved in China, page-190

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  1. 2,113 Posts.
    lightbulb Created with Sketch. 699
    DXB has $17m in cash.
    DXB has 40c options built into the interim analysis readout.
    DXB has >$200m of potential milestone payments, i'd say a portion would be paid to DXB in March upon positive interim analysis as the first milestone. That could range anywhere between $20-30m (I'm speculating the amount)

    Also, the high start up costs of the trial have already been paid at the beginning.

    Unless the trial falls flat on it's face then cash is not an issue. I wouldn't worry about funding.
    Last edited by BT6487: 12/12/23
 
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