what next?17 Sep 2017 21:35
This is going to be one hell of an interesting journey!!
Great reading in the admission document.
They will have £2m cash to get NPX001 and NPX002 to a stage where they can license, indeed they expect licensing deal within a few weeks to a few months. These deals will be for multi £m, and they also have around £7.5m to come from options and CLN, that will add a lot to their war chest.
They are also expecting to add 5-15 additional patents, and develop other areas where cocrystals can transform treatment.
NPX001's target Oncology treatment is already available globally from one global pharmaceutical company, the new cocrystal method deployed by Nuformix will enable the first generic competitor to this company and treatment.
That can mean a couple of things:
The existing company will desperately strangle Nuformix to protect profit by buying the rights, or just buying the company, or;
Another large pharmaceutical company will acquire the license to produce the therapy.
Win win for Nuformix and us.
They are fully expecting a trade sale within a couple of years, with all the major shareholders locked in for 18 months.
Million dollar question is, what will the exit look like here???
The have quoted the sale of Anacor to Pfizer ($5.2B) as analogous, albeit Anacor was further down the line.
I am going to hazard a guess at a minimum of £500m but could be in the £B's
That puts the potential at somewhere between 25 bags and around 100 bags from the 4p placing price, over the course of about 2 years.
This company is doing things on a Global stage, it uses the word 'disrupting' when talking about existing multi multi $B treatments.
One thing Pharma doesn't like is their profitable treatments being disrupted, this will get taken out, and for a very high price.
The scientists and Advisors are world class, they are ahead of all competition (at present), these share are going to be worth an awful lot of money.
I shall be holding onto mine, I can wait a couple of years, £40k into between £1m and £4m in two years, yes please.
Standard list, not your usual AIM crap. I can see strong demand for this and an early push north, then shortly afterwards when the licensing deals start to roll in......