Redeye: Initiator Pharma Q1 - Slow and steady
Redeye provides a research update following the Q1 report recently published by Initiator Pharma. While the company is still awaiting a licensing deal with pudafensine before engaging in further clinical activities, Initiator maintains a very low cash burn. As we have previously stated, the company’s full priority ahead is business development efforts as Initiator continues its pursuit of a licensing partner.
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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/