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Share Price: 4.00

Bid: 3.90

Ask: 4.10

Change: 1.80 (81.82%)

Spread: 0.20 (5.128%)

Open: 1.90

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ValiRx Confirms JV Talks For Non-Core Intellectual Property

Wed, 29th Apr 2020 18:19

(Alliance News) - Biotechnology company ValiRx PLC on Wednesday confirmed joint venture talks for its non-core intellectual property, GeneICE, TRAC and BioFit.

Shares in the company closed 25% higher at 7.49 pence each in London.

"The company confirms that it is in talks with a third-party in relation to a joint venture. However, there is no certainty the talks will conclude in a successful manner, nor that in the event that the Joint Venture is agreed, that the terms will be favourable to the company," ValiRx said in a statement.

By Tapan Panchal; tapanpanchal@alliancenews.com

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Latest Share Chat

ValiRx Share News (VAL)

Share Price Information for ValiRx (VAL)

ValiRx Confirms JV Talks For Non-Core Intellectual Property

ValiRx Raises GBP200,000 To Improve "Extremely Weak" Capital Position

ValiRx "Critically Short" Of Working Capital, In Funding Discussions

ValiRx Still Faces Going Out Of Business; Proposes New Share Plan

ValiRx Investors Seek Removal Of Directors Morris And Vainikka

ValiRx's Future In Doubt As Investors Say No To Capital Reogranisation

UK Shareholder Meetings Calendar - Next 7 Days

ValiRx signs letter of intent in a bid to fund VAL401

ValiRx Joint Venture Partner Enters Agreement For VAL401 Funding

ValiRx Raises GBP200,000 To Progress Product Development

ValiRx Reveals "Clear Impact" Of VAL201 On Prostate Cancer Patients

ValiRx granted US patent for 'VAL201' compound

ValiRx Granted "Key" US Patent Protection For VAL201 Cancer Treatment

ValiRx Raises GBP350,000 Through Placing To Progress Clinical Trials

ValiRx Reports Narrowed Loss In First Half As Expenses Reduce

ValiRx Receives GBP423,000 Research & Development Credit From UK HMRC

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