$IBIO I believe that OWS and TAMUS have the cast of COVID vaccine & subsequent manufacturers (and their respective roles), already cast for present day results. Like a game of chess, the pieces keep moving and readjustments have to be made in real time, and in sync with the other pieces. I will also say this - I believe TAMUS has already awarded IBIO a $30-Mil. Sub-grantee grant for IBIO College Sta. equipment upgrades and facility expansion. I don't think IBIO could be doing what they are on Lincoln Park Capital & UBS shelf offering proceeds alone. IBIO has also been hiring at break neck speed. So a lot of $$$ has been flowing out - and the monthly burn rate has increased substantially this year as well:
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