We are projecting a net cash burn for 2012 of $17 million to $22 million, this includes the $10 million milestone payment from Astellas, along with contract services, revenues offset by plans pre-commercialization, preparations for (inaudible). It also includes pre-clinical studies and manufacturing of our HSB2 vaccine in preparation for a phase one slash two clinical trial.Vijay will describe these efforts in more detail. With that, I’ll turn the call back to Vijay.
Vical's CEO Discusses Q4 2011 Results - Earnings Call Transcript
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