Nov. 10 at 1:31 AM
$LCTX No, this all started because someone posted in
$SANA about LCTX and I got a bunch of crap for asking honest questions about it. Sana isn't crap, you can look on reddit for some pretty good lengthy writeups (https://www.reddit.com/r/wallstreetbets/comments/1lkwgbi/sana_unequivocally_has_type_1_diabetes_cure_and/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button). They have about
$170M cash right, runway for at least a year, they are reducing burn and prioritizing T1D. Current investors are committed to providing all capital needed to see T1D through (as stated by CEO). Their human data is mind-blowingly good and a massive competitive advantage, published in world's best journals. Their tech is TRANSPARENT. They have data and patents proving they have all the pieces working that are needed for a T1D cure. They will have a monopoly on this cure when it is approved and the market size will conservatively be
$100B+. They are trading at a massive discount right now. You can whine about dilution all you want. It won't matter in the long run at the current price.