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Biotech / Medical : Genaera Corp

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From: DewDiligence_on_SI9/12/2005 5:32:52 PM
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Including the new shares and warrants, GENR now has about 80M fully-diluted shares.

Two years ago, it was 30M shares, fully-diluted.

The new money obviously isn't enough to get through two phase-3 trials. Spurning a “bad partnership” in 2003 may turn out to have been a “bad” idea. Time will tell.
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