Really? I thought that's quite a lot of capital for a "start-up" bio-tech company with a MC of only $30M, and that's not including the assets it has.
There's no doubt if it does go to clinical trial phase 2/3 it will cost them $100M+ to complete it but for a "start-up" $17M it's very good capital I would have thought.
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Really? I thought that's quite a lot of capital for a "start-up"...
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