RE: Plenty of cash6 Nov 2015 11:52
No offence intended, but no, £20 million as of last placing is not cash for 5 years within the pharmaceutical sector.
For a start - it depends entirely on the rate of expansion and trials, and if any bumps are along the way, and secondly, within the next 2 odd years I would hope OXP achieves a financial partner of sorts that is interested in the formulations. Usually smaller companies are snapped up by bigger ones, or the patents bought out.
Take it from someone in the Pharma sector - £20 million is not a lot of cash, and can be spent very quickly and easily on trials and studies.
This isn't me being negative, I am invested in OXP and am very bullish of it. But you pulled 5 years worth of funds out your posterior there.