Biotech NET CASH spreadsheet

Attached is a PDF of most of the small/mid cap biotech and their current cash situation.  As a RULE it's unwise to invest in a company that won't be around in the near future or has a dire need to secure financing.  Many times it's possible to find companies who's lead product might have failed or had bad data and the stock collapses. 

Biotech CFOs tatoo this on your foreheads!

This needs to be stamped on the forehead of ALL biotech CFOs

SIMPLE RULES

#1 WHEN YOU ARE CASH FLOW NEGATIVE NEVER ISSUE DEBT AS A MEANS TO FINANCE YOUR BUSINESS

#2 IF YOU ARE A BIOTECH YOU WILL LIKELY BE CASH FLOW NEGATIVE UNTIL YOU FILE CH 11 OR ARE ACQUIRED

#3 REGARDLESS OF EXPECTATIONS UNTIL YOU ARE CASH FLOW POSITIVE SEE RULE #1

Plains Creek announces a change to the board

 

Plains Creek announces a change to the board

TINY - The year of the public VC?

I have followed and invested in TINY many times over the years - especially when this company is going into a potential upswing in IPO activity.  After looking at their 10K released a week ago the following nugget was stealthily mentioned.
 

Pure play to THLD's biggest competition

In an earlier blog I mentioned that Abraxane by CELG had some great data and in my opinion is teh yardstick that TH-302 and THLD will be compared.  There's an interesting way to play JUST that drug without having to buy all of CELG.

Through CELGZ which is a CVR (contingent value right) you get all of the potential monetary gains of Abraxane - which was acquired when Celgene bought Abraxis.

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