fair comment sircorp,
The cash does not last forever. However, as they are in between testing, the expenses have been kept to a minumim and appear to have about eight months of cash on the same basis.
It has not been easy to raise finance in the recent past. The situation is getting better, so we will see what plans they have for financing phase IIb and on going working capital.
The best result for all concerned, would be a tie up with one of the large pharmaceutical companies.
if pbt gets funding like prr? , page-5
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