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Biotech / Medical : Infinity Pharmaceuticals
INFI 0.0160-4.8%Sep 29 5:00 PM EST

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From: Mike McFarland2/21/2008 1:02:05 PM
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INFI should finish '08 with $70-80M
investor.ipi.com

End of '07 INFI had $114M
To achieve its 2008 R&D objectives, Infinity projects a net cash burn of $35 to $45 million in 2008. In the absence of any additional financings or business development activities, Infinity anticipates it has sufficient resources to fund its current operating plan through at least the end of 2009.
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