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Alexza Pharmaceuticals Inc. Message Board

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  • mattoruu mattoruu May 10, 2010 4:49 PM Flag

    SmallCap Network posts new chart and bullish outlook on ALXA.

    According to their earnings release today (which I'm still reading), they have enough money to maintain current operations until Q2 of 2011.

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    • And that Q2 2011 estimate -does not- include the additional milestones with the Biovail deal that happened in February (there Alexza is could receive to $90 million if they meet certain milestones). If they meet those milestones, Alexza Pharmaceuticals will have enough money to fund themselves into 2012.

      I'm still reading through the release. So I'll make a more detailed post later tonight or maybe. tomorrow morning.

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