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Celldex Therapeutics, Inc. Message Board

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  • macrocosmonaut macrocosmonaut Nov 5, 2010 11:40 AM Flag

    CLDX - cashburning of more than 37 million US$...

    The financial results of CLDX are bad and the company is further burning millions of US$ each quarter.

    CLDX will be forced to raise new capital - leading to heavy dilution of current free float of the stock.

    The PT remains at 1 US$ with sight on next year.

    CLDX is even able to go bankrupt - each delay of clinical trials and further weak patent protection are further significant risk factors for the future development.

    I hate to say, but the management sold the real assets of Avant Immunotherapeutics and destroying shareholders value in significant manner.

    Why has Pfizer terminated the agreemnet with CLDX. I think the management is the real problem of this company.


    IMO. Do your own due dilligence.

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