CHM chimeric therapeutics limited

Ann: EMORY JOINS CHM CDH17 PHASE 1/2 CLINICAL TRIAL, page-16

  1. 4,742 Posts.
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    No, I meant the money the company had to pay to get the drug in the 1st place.
    The GBM drug was circa $10 million with milestone payments. The Cd17 drug was $750k with milestone payments. The NK drug was circa $75k with milestone payments.

    Those numbers are from the top of my head, so check through the end of year reports and 4Cs for real numbers ( reckon I am close, though).

    All of those payments, apart from future milestone payments, are completed. So almost $ 11 million of previous cash burn was just paying for the pipeline. Completion of this was a huge relief to future cash burn.

    I think other posters have addressed the other bits in your post.
 
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