The market has had enough….
have these guys ever hit one timeline? Serious question, a few weeks until phase 1 trial turns into 4 months, throw in every single timeline in a presentation not even closely met.
throw in massive cash burn and a 6 month runway until the next raise.
a lot of bios are at cash backing, can we really go back to 6-7c short term? Where does that leave our next raise?
Ann: Pivalate educational webinar 14 June 2023, page-8
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