compared to what they have been spending, the revenue is quite minimum though. Not enough to get their business running again!
they are burning cash a lot quicker than we thought. At the end of Jun 22, they had 2.29m on hand, and it’s only mid of Aug, one and half months later, they need to sign up loan agreement with Pfizer! The R&D rebate of around $1.5m , after repayment of $0.7m to Pfizer, how long can they hang on there? Less than one month?
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