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Thread: [b] IDIX Liquidity and Cash Usage [/b]
Started 1 month, 3 weeks ago by DewDiligence
IDIX Liquidity and Cash Usage [Updated for 3Q09 results.] During the next few quarters, IDIX expects cash burn to creep up slightly due to commencement of new clinical trials for IDX184, IDX375, and IDX316. If we presume that operating cash burn during the next few quarters will average $13.5M per quarter ($1.7M above the level during 3Q09), then the $61.1M cash balance at 9/30/09 is sufficient ...
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