As repeated before- even signing a deal is not the answer to everything- were averaging 1-2 mil upfront for deals that take 12-18 months to milestone, a cost of 8-10 mil to keep running. the company for that time. We have a serious cash problem with this business model. Our only salvation realistically is a major cash injection from a current deal significant descovery. At this stage the onky current deal that still seems to be alive is Janssen and they just made a payment so could be a while until next one. Plenty of tyre pumping going on in this thread but realistically this is getting serious now. 1 mil left at end of this quarter and serious issues raising more?
PYC Price at posting:
1.9¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)