more funds will be needed for acne phase 3 as stated by vince. i think people are jumping the gun on the cr talk though as there will be multiple catalyst announcements before the need to raise. btx1204 due q1 2020, more news on 1801 and anything else that may come from the antimicrobial side. and there btx1702 for rosacea. imo i don't think they will be raising anywhere near the current sp.
Ann: BTX 1503 Acne Phase 2 Study Results Presentation, page-555
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