Why no bid for us... ??7 Dec 2020 13:30
Let's put this into context, Chk1 is in clinical trials (We only hold 27% of the product) and it looks likely it will now progress to PII / III given the revised deal, Aurora is having it's solubility issues resolved by the Chinese and will head into PI trials as soon as resolved, SDC1801 / 02 are just finishing pre-clinical work and will head to the clinic very soon (My feeling is TM will announce commencement of PI for 1801 before the agm) and 1802 will head to the clinic in Q1 2021. So why no bid?? It's quite simple until now it's been to early for a prospective suitor to assess to the total value of assets, that's not the case within a few short weeks when they will be able to see everything in the shop window. In summary we could well have four products either in or about to enter trials, not bad for a small cap pharma :+)), so I think I'll continue to do as I've always done, trust my judgments and that of the well informed here, and not pay a blind bit of notice to the johnny come lately's who turn up from time to time.. Gla. Andy.