Datimochum, as far as the drug developement time line, Solbec is...

Datimochum, as far as the drug developement time line, Solbec is as fast or faster to this stage than most. I dont know how much cash at hand right now, but it must be tight, but it always has been.They have just recently announced a $2.26 million grant from Ausindustry for the coramsine Phase 2b trials. They have a $5 million standby facility with Cornell Capital Partners of the USA which can be drawn apon as needed. The cost of the phase 2 cancer trials is estimated at $4.5 million.
They have re formulated the coramsine for the psoriasis trial, but I dont know if they intend to go ahead with that before the cancer trials.
Have not heard of a placement.
Cheers