Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
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Gonna tick up .
Wilfred4412, run along back to your TRX and DEV, there's a good chap, looks like they both need your help
Mereo will receive an upfront payment of $4 million with an additional payment of $2 million conditional on a CMC (Chemistry, Manufacturing and Controls) milestone. Oncologie will be responsible for all future research, development and commercialization of navicixizumab. Additionally, Mereo will be eligible to receive up to $300 million in future clinical, regulatory and commercial milestones, tiered royalties ranging from the mid-single-digit to sub-teen percentages on global annual net sales of navicixizumab, as well as a negotiated percentage of sublicensing revenues from certain sublicensees
Comeonvog - which rns did u pull that from? They just recieved $4 million a week or two ago.
Will funding be via a placing?
As part of the going concern review, the Directors have considered the funding requirements of the Group through consideration of the Group's current business plan and the preparation of detailed cash flow forecasts. Under the current business plan and detailed cash flow forecasts, with ongoing R&D efforts focused on our rare disease products, setrusumab and alvelestat, we expect that our current on-hand cash resources will extend to the end of Q2 2020. Therefore, the Group requires additional external funding within the next 12 months to be able to continue as a going concern. Principally, this funding will be required to complete our current trials, fund our ongoing administrative costs and other general working capital and contractual financing requirements and to commence our pivotal paediatric study and the manufacturing scale up activities for setrusumab as we progress with our development plans for that program.
I think this is why we are down here, get the funding and away we go IMHO
No. A poster by the name of Claire was forecasting 12p yesterday. Sadly, his or her post has been removed. Lol
Any idea why the rise pre open and here? Feel that this could be the bottom?
the bounce is on and STRONG
Chart
https://charts.moneyam.com/Chart.aspx?Provider=Intra&Code=MPH&Size=900*500&Skin=BlackBlue&Type=2&Scale=0&Start=20200119&Fix=1&XCycle=DAY1&Cycle=MINUTE2&Layout=Default;HisDate&SV=0&E=UK
is loading up on the cheap. Jammy bazza's lol. Velly jelly.
The administrators of woodfords holdings have all but finished liquidating postions.
this has been far oversold.
strongly expect this to be back around 40-50p in the next couple of weeks
clap hands, clap hands
Just had a look at you posting history and am guessing your real name is Victor Meldrew..
Priced around cash in hand, no value given to the various drugs they have in their portfolio. Think this will ride the Woodford storm and gain traction when the dust settles helped by more positive trial updates. The fact their not a one trick pony should help.gla
If your not happy sell up it's that simple. Read the rns's to understand why you bought in the first place. Gla
What are the chances of a placing?
I agree, I think the Neil Woodford crash is having a negative effect on sp's all over the bio sector as he tries to liquidate his holdings. Then, as prices crash, funding becomes an issue.
Mreo down 10% atm
going on.
Moves quick when it decides to go. Must be due another surge soon, Shirley?
Tumble weed town Coggy
and two have been removed lol. Don't know why, they seemed fairly innocent?