Here's a list of 80 small biotechs which either used to be or currently cash
rich - many were trading at a steep discount to NET CASH back in October
and November 2008. There may be a lot of diamonds in the rough. the last 2
columns in bright yellow indicate an ESTIMATE of how much cash they have as
of TODAY 5/16/2009 based on last 10Q's burn and the time since they last
reported. I have updated it as well as I could based on the latest 10Q
available - some still havent reported their 12/31/2008 yr end results.
This is JUST a guideline and isn't meant to tell you anything other then how
good or bad a financial situation the company may be in. Also there are
some reverse mergers that took place (TSPT the former NOVC) and I dont have
the real combined company balance sheet so do your DD extra hard on any of
the reverse mergers. 10Q Symbol cash ratio. If you have any comments or
think I have left off some otehr cash rich bios feel free to leave a comment
. I will try to update the page from time to time as more bios enter into
the area I will add to the list and update as 10q's become available. http://www.financialchat.com/blogs/biotech-cash-worksheet
