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Biotech / Medical : VD's Model Portfolio & Discussion Thread
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To: Vector1 who wrote (2116)8/22/1997 3:14:00 AM
From: Andrew H   of 9719
 
>>Their announcemennts will be part of astrategy of increasing the profile of the stock so they can do an offering and raise equity capital. They use of proceeds will be to fund the ALRT call and accellerating spending on R& D and clinical trials. <<

Henry has been suggesting the cash from the LGND diabetes deal may well be sufficient to cover the ALRI buyout. But I guess they will need an equity offering in addition.
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