ANRG -- Anergen -- new CEO big chance ? Message Board

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Biotech / Medical : ANRG -- Anergen -- new CEO big chance ?

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To: Paul Jansen who wrote ()	1/12/1998 6:04:00 PM
From: Russ B.	Read Replies (1) of 123

Working Capital? Has anyone heard comments from Anergen about raising more capital. The arthritis drug phase II results seem promising, but the company burned about $6 million of working capital in the first 9 months of 1997. They had $9.5 million of cash and ST investments as of 9/97, which means they've got maybe 1 1/2 years left. How are they going to get the funds needed to carry the drug to market?

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