Impel NeuroPharma

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True that product is cumbersome, etc., and it is a niche product. Why ramp up sales force numbers and significantly raise expenses to an unsustainable level when it has a limited audience?
Blame is squarely on leadership manufacturing and believing their own hype.
 






anonymous said:
True that product is cumbersome, etc., and it is a niche product. Why ramp up sales force numbers and significantly raise expenses to an unsustainable level when it has a limited audience?
Blame is squarely on leadership manufacturing and believing their own hype.
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It’s June 1. How much more time do we have?
 






On March 31, the company had a cash runway of $35.5 million, which they claim provides money through Q3 2023, although many people speculate it'll run out in 3 months, which would be end of June. Also, on April 11, Impel received notice from Nasdaq that they don't meet the minimum qualifications to be listed as a stock, and if they don't fix it, they'll be delisted around October 9, 2023.

As a former employee who was laid off, I hope this helps. Best of luck for everyone who is searching for new jobs.
 






anonymous said:
On March 31, the company had a cash runway of $35.5 million, which they claim provides money through Q3 2023, although many people speculate it'll run out in 3 months, which would be end of June. Also, on April 11, Impel received notice from Nasdaq that they don't meet the minimum qualifications to be listed as a stock, and if they don't fix it, they'll be delisted around October 9, 2023.

As a former employee who was laid off, I hope this helps. Best of luck for everyone who is searching for new jobs.
Click to expand...
 






anonymous said:
On March 31, the company had a cash runway of $35.5 million, which they claim provides money through Q3 2023, although many people speculate it'll run out in 3 months, which would be end of June. Also, on April 11, Impel received notice from Nasdaq that they don't meet the minimum qualifications to be listed as a stock, and if they don't fix it, they'll be delisted around October 9, 2023.
As a former employee who was laid off, I hope this helps. Best of luck for everyone who is searching for new jobs.
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Thank you for this. I would hope most see the writing on the wall and are looking for other opportunities. It seems we have a short runway before it’s over.
 






Sadly there are people who still believe the company will make it to the end of the year. I don’t understand why. I have left the company and it wasn’t easy to find another job… a word to the ones who thing it’s a hot market and they’ll find something right away… a lot of people didn’t do very much here. Real world hits different
 






anonymous said:
Sadly there are people who still believe the company will make it to the end of the year. I don’t understand why. I have left the company and it wasn’t easy to find another job… a word to the ones who thing it’s a hot market and they’ll find something right away… a lot of people didn’t do very much here. Real world hits different
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It's over in weeks.
 


















DWD said:
Hmm, loss today...Q1 '23 - $30M, Q1 '22 - $27M. (10% more when R&D was investing in new drug).
Cash on hand 3/31/23 $35M. "The Company believes, based on its current operating plan, that it has sufficient capital to fund operations into Q3 2023".
That burn rate that makes it to about the end of June (Q2 2023). What am I missing?
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In order to save money you have to buy your own gas
 
























Ok someone has to know something. 3 weeks out and no meeting registration? Really quiet? Can’t get straight answers from our leaders…What is happening or at least when is it happening?
 






anonymous said:
Ok someone has to know something. 3 weeks out and no meeting registration? Really quiet? Can’t get straight answers from our leaders…What is happening or at least when is it happening?
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What part of “We’re Broke” don’t you understand? You seriously don’’t expect these loser leaders to come clean do you? Let me put it to you this way - You could either attend a meeting and be told you no longer have a job without any severance because we had to pay for this meeting somehow, OR - you can be prepared to listen to a scripted phone conversation informing you of your severance package when you are fired. Which is it?????????
 






anonymous said:
What part of “We’re Broke” don’t you understand? You seriously don’’t expect these loser leaders to come clean do you? Let me put it to you this way - You could either attend a meeting and be told you no longer have a job without any severance because we had to pay for this meeting somehow, OR - you can be prepared to listen to a scripted phone conversation informing you of your severance package when you are fired. Which is it?????????
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"Ain't over till the fat lady sings"... oh, oh HR scheduling a call now.
 
























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