RE: Predictions anyone?15 Mar 2017 22:55
Well I reckon things have to be in a better position if not a much much better position. The new clean room plants are built, ready and paid for. Staff are hired and trained so that capacity sorted and an element of capex costs that should come down. Second if oxb are licencing out some of their R&D projects to VCs then that's more big cash burn elements off the books and possibly some one off revenues to help pay down the loan. Add to that the fact that increased capacity means more revenue so long as there are customers, which there are for now and will be in spades if CAR-T works out. Tomorrow's announced will have an element of "jam tomorrow" as always but this time it's a lot more tangible and we can see where profit might come from. I daresay that this time next year oxb will be a profit making company.