Sierra Prospectus for $200,000,0007 Nov 2021 09:35
Quote from prospectus
‘’Our principal sources of liquidity as of September 30, 2021 were cash and cash equivalents of $97.1 million. Given our projected operating requirements and our existing cash and cash equivalents, we have projected insufficient liquidity to fund our operations for the next twelve months beyond the date of the issuance of the condensed consolidated financial statements included in the Quarterly Report on Form 10-Q for September 30, 2021, which raises substantial doubt about our ability to continue as a going concern. To fund our operating plans and remain as a going concern, we intend to seek additional funds through equity or debt financings, collaborations, licensing transactions or other sources.’’
Seems likely to me that SRA 737 will not be kept solely in house and that the ‘’Optimal Development Plan” for SRA 737 will include a number of opportunities to try combination therapies in partnership or under license with other pharmaceutical companies. Bring on the Combos!