management have stated they don't require further capital until mid 2011 - they are also assuming that no further payments will be recieved from partners which in their own words is something they do not expect....
up to you weather you take their word...
$2.186m in bank 30/9/2010
US$500k Pfizer due January 2011
and the below was released after the last quarterly so not sure if it was included - but quick looks says it wasn't...
Phylogica advises it has received US$1.125 million pursuant to the agreement and a further payment of US$375,000 is to be received in January 2011 for committed research funding.
*** this does not include anything recieved from Roche on stage 2 or any other agreenments reached or milestones achieved...
PYC Price at posting:
6.1¢ Sentiment: None Disclosure: Held
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