Why does not a BP be interested in taking this over?
Even for the company's TAX losses at hand!
Oh well - the current price AH is a good entry point IMO
Wrong, they have less than 67 million in cash and over 50 million now in liabilities. That leaves 10 million. 37 million shares outstanding.. so what...
20-30 cents a share... that's all that is left....
Sentiment: Strong Sell
you're right .. I just read 8K filing .. the company has 67M cash and over 50M in liabilities. Very difficult for this company to survive on its own.
it needs a rescue from a big pharma ..
Any BP could be salivating at this opportunity to take this company out assuming they can address what caused that hypersensitivity and reintroduce the drug with new label
For Sale: Parachute. Only used once, never opened, small stain.
I agreed. A good trade.