Re: Q1 2013 Results - Earnings Call Transcript
posted on
May 09, 2013 09:44PM
Key Questions I Came Away With:
1. Cash Position:
$28 million left, wheres the additional funding coming from?
ATM of 50 million + 28 remaining = $78 m.
Will this get them to the warrant sale in October?
2. Dropout Rate:
A database lock will occur mid July, meaning all trials have ended, which is incredible news as it supports their planned October filing.
But, a question did occur that I didn't understand regarding the dropout rate:
"It is slightly higher than the original protocol in the type 1 study but we did have some over-enrollment because it is a global study".
Can anyone translate "higher than the original protocol"?