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GlaxoSmithKline (GSK) Advance Gives Proteologics, Ltd. $3 Million Cash Flow



5/24/2010 7:17:34 AM

Globes -- Although drug development company Proteologics Ltd. still has no revenue, it reported a positive cash flow from operations of NIS 9.6 million from a $3 million advance payment by GlaxoSmithKline plc for the company's joint development of a cancer treatment.

Read at Globes Online


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