IMU is effectively a gigantic punt on results from trials and...

  1. 190 Posts.
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    IMU is effectively a gigantic punt on results from trials and nothing else. You are investing in the concept of the treatment and the management team.

    At todays prices you are getting $350m of research and development for $100m.

    The issue is how much more capital can they raise with the poorly managed corporate function, will the funds exist long enough to determine the drugs potential success.
 
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