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So development will be faster and cheaper - less bureaucratically onerous.
The FDA must have been impressed by the pre-clinical data they've seen and, of course, Epi-7386 would meet a major unmet need, if it proves to be effective.
The underwriter of the offer has an option to purchase 724,637 more shares.
This major fund-raising, at a high share price reflecting the continuing positive clinical and corporate news, puts them in a very strong financial position to carry forward research over the next few years.
Hyacinth Markets
@63_hyacinth
new option listings and three option delistings on August 25th
$BGSF $BSN $CXDO $EDUT $EPIX $ERYP $FKWL $HBB $HFFG $IMCC $INVO $ISSC $ITOS $KXIN $LNSR $LYEL $NMTC $RKLB $SMRT $VEV $XGN $ZEST $AJAX $FWAA $VACQ