IBX 13.5% 3.2¢ imagion biosystems limited

They have around 8.5 million and a burn rate of 2.84mil a...

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  1. 1,418 Posts.
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    They have around 8.5 million and a burn rate of 2.84mil a quarter. So they have to raise soon. They have been doing a clinical trial for 2 years now and only put 5 patients though that is just unbelievably slow. I have shares in other companies that do clinical trials and they process patients quickly and they have to do surgery, they processed 30 patients in 6 months from when they started, they could easily have put 5,000 patients through for what they have to do.

    Can someone explain how they can put so few patients through what looks to be a very simple trial, they ingest some of teh solution and get tested.
 
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