Ann: Immutep completes institutional pro-rata offer & placement, page-22

If you think about the money Immutep is going to need, they need maybe over $A1bil to complete what is on the plan, two phase 3, potentially a third one for HNSCC, more phase 2 and IMP761...... but only have $A195mil?

My guess is that they will look into license efti for HNSCC soon. I am still thinking the PD-L1<1 part would be the first go. This one might be able to file for AA with just ORR data, while the other part might need to wait for survival profile.

If they are in a near position to talk license deal, that is the most important reason they need to be 'complete financial freedom'.

The 38c deal must have been talked for a while before we all know it. So that is the money the funds are willing to give. The funds are just that greedy and they need short term benefits. If this deal of CR is not happening, those people have enough power to delay Immutep's timeline for another 6 months or so. That will mess a lot of things up.