i know charts but lack data on this recent news,can someone please explain??
This means nothing that we did not already know. If the Agenda trial fails this company is done.
genta intention to raise $10M was disclosed a few weeks ago. yesterday, genta said that it successfully closed the $10M offering. in this financing climate, it is not easy to raise $10M for small biotechs, so this event removes a big financing risk.
The 10mill was part of the deal back in July. Great news that RR and Genta closed the deal right before the convention. It shows how much faith RR have in the results comming up.