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Alexza Pharmaceuticals (ALXA -0.4%) faces a cash crunch even after a public offering of shares,...

Alexza Pharmaceuticals (ALXA -0.4%) faces a cash crunch even after a public offering of shares, corporate restructuring including layoffs, and a new partnership. The company warns that at its current burn rate it will empty its bank account in Q4.
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  • 478854
    , contributor
    Comments (2) | Send Message
     
    not to worry they will sell 100M shares @0.10 to make sure bank not empty
    18 Mar 2012, 06:50 AM Reply Like
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