CDY burnt about 1.3M last year.
Had first real inocome of about 350K from licensing.
With this funding should see research programs accelerate.
Other licensing opportunites should also present.
Had funding for approx 2 yrs anyway before this funding came through.
Also when biotechs actually come back in vogue CDY will be extremely well placed.
No brainer IMO to buy this stock for both short, medium and long term at these levels.
us$8m funding for a $7m company!, page-4
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