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wolfofasx

753 Posts.

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10/11/16

23:48

Post #: 20533898
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Originally posted by tralfaz ↑

I highly doubt that Orbimed is going to give them much of anything going forward. This group has now gotten $85 million to work with in less than 12 months and have managed to whittle that down to $18MM as of the last call. They are due another $5MM in January so you're looking at $90MM in a year's time. How much of that will be left? This of course doesn't include any receipts from customers. Although the A/R amount wasn't significant. They also didn't have pay any interest to Orbimed for a cost savings of a couple million. After 3 years of working with MedImmune where are they? Shouldn't they be supplying them with more than samples at this point? Reminds of a song where the singer says, "New verse, same as the first".

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If you look at tranikolumab clinical trials, there is one that looks like it could be a WI because it said 420mg with one injection and that couldn't be done with a syringe. But don't quote me I think it was in the recruiting stage so probably next year

UNS Price at posting: 5.1¢ Sentiment: Buy Disclosure: Held
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