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Biotech / Medical : Vernalis
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To: tuck who wrote (3)6/27/2005 8:43:42 AM
From: nigel bates   of 20
 
>>cash for three years. How/when did they get that<<

Cash & loan drawn down from the Endo deal ?
Message 20312407
(edit - and raised about £30m in February placing of 43m shares)

>>this could be a sleeper hit? What's your take on it ...<<

This could be a sleeper hit.

(Don't forget that it's a UK biotech, and as such won't get any breaks from the market.
Gotta wait for hard results.)
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