thanks tcc. could u comment on the new product release qns as well? i tried to look it up on Merck's website but to no avail. MERCK is huge, there's so many things they do.
yup regarding the cash position. was reading up more. ADO is burning round about 500-600k a qtr? with that 1.7mil from the options conversion + their original cash on hand (~1mil). ADO has ard 2plus million. assuming that royalty from Bangs comes in at 350k per qtr, plus further monetisation from the Merck deal to come, yup ADO will not require to do a cap raising for a long long time?
i reckon now its about adding shareholders value.
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