Pre-market action has been fairly forgiving. That is a lot of capital being raised which will sustain them for a few years. Dare I say we close near or above $5.00? There was a lot of pre-market buying at $4.76.
Perfect. 19.5 mil in the bank. burn rate has been approx 5-6mil/qtr. Gets Biodel to 2015 without debt. By that time hopefully the Phase 3 trial will start for Biod 123. The phase 2 for Biod 250. And Glucagon NDA is in.
Let's hope the science holds up in-vivo...All evidence so far points that should.