"1.2 billion in cash will hold them for several years if need be."
Do you take debt interest into account? This takes another bite. If ELN refinances its deal with lenders, ELN needs to come up with something to back up.
Don't want to do that? Well, that means LAYOFF of its workforce to conserve cash. Doling out money for those poor souls. Lawsuit and FDA investigation. More troubles in near future than seeing bright sunshine.