Here's a company that's gone from hero to zero.
Rumours around of a (much needed?) capital raising to fund phase 3 trial of their tanning hormone Melotan.
From what I can gather, the drug works well, but the real debate is whether it will get to the market.
Other issues include patents running out in 2006.
Does anyone have any thoughts regarding this one?
There is room for MASSIVE upside if it can survive.
opportunity or death warmed up???