Jinla where are you getting your facts from?
The announcement last week stated the next trial will cost under $1.5m, and the company has those funds currently in the bank along with the imminent sale of the surgical business.
I cannot see the point of completing 2 more trials after the IIa results announced last week. It would be an uneccesary expense and delay the time to market. Give the management team a little more credit than that IMO
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