There's been a lot of that going around for some time now.
https://unauthorised investment advice/health/paradigm-biopharmaceuticals-is-transforming-the-way-we-treat-osteoarthritis/
"....Fully underwritten by lead manager Bell Potter Securities, raised funds will be used to fund its activities through to mid CY25, including completion of the top-line readout from its Pivotal Phase 3 OA clinical trial. Paradigm’s phase 3 Pivotal knee OA study..."
Apparently, no concerns until at least mid 2025.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-230
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