Based on their burn rate, they should be out of cash and equivalents in about 2 years. I believe this is sufficient time for the company to improve the product enough to receive FDA approval. I'm taking this position based on the presidents letter to… More
Northfield Laboratories is a development stage company engages in the research, development, testing, manufacture, marketing, and distribution of hemoglobin-based blood substitute products. Its primary investigational drug PolyHeme is a human… More