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Biotech / Medical : Micrologix biotech
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To: DaveAu who wrote (776)7/19/2001 12:37:05 PM
From: SofaSpud  Read Replies (1) of 792
 
Fair enough. They are remarkably well capitalized, which is unusual. At the present burn rate they should be able to last until commercialization, provided all goes well with the phase III. At $2, it's not a bad risk/return, provided you're willing to accept 1-2 years of dead money.

Thanks for the response.
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