Deleted
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Post by Deleted on Jan 15, 2015 14:11:03 GMT -5
So unless they earned money from sny for cogs (which others have argued with me Wasnt going to be the case), burn was at $12mil. That's signifcant.
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Post by chicagpete on Jan 15, 2015 18:23:24 GMT -5
significant increase in quarterly cash burn or decrease?
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Post by Deleted on Jan 15, 2015 18:31:27 GMT -5
They had 172 mil cash end of 3Q. They are projecting $160 mil end of 4Q. If they booked the milestones it's $62 mil burn. If they booked some charges to SNY for product at cog, it will be some other number, and if they did neither then burn was only $12mil. I projected $17 burn earlier in the thread. Either I'm close to being right or way off. Guess we will see.
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