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ImmunoCellular Therapeutics, Ltd. Message Board

  • the_7_th_raven the_7_th_raven Aug 14, 2012 10:33 AM Flag

    ???????

    Pardon my ignorance but where is all the money to sustain this company coming from?

    Someone has to be giving them credit. In the business world nobody does this without expecting payback.

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    • common financing with most developmental biotechs. the company looks to have around 12 months of cash available based on current burn rate. i am anticipating a partner or licensing deal with interim p2 data, which could be in the next several months, although the better the treatment is working it could mean a longer timeframe.
      the real key to reading the financials are the lack of short and long term debt. that usually buries companies that cant get favorable terms when financing is needed.

 
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