charlessturt, Are you the decoy nom-de-plume, while your alter...

charlessturt, Are you the decoy nom-de-plume, while your alter ego, abobo, is frantically trying to find an example of a bigger biotech rescue package?

To be specific, the criteria to beat are:- $75m, and a re-cap to market-cap ratio of 75m to 9m, ie 8.3 to 1.

You can see I am making it as easy as possible for you to surpass. In fact the capital hurdle should be taken as $90m ($75m from IFCA and $15m from the rights issue), and the market cap when the proposal was announced was below $9m giving a ratio of over 10 to 1.

Finding more generous examples should be a breeze.