RE: Next Pre|CISION Pro-Drug26 Jun 2023 16:30
Just a reminder...mice trials went to x6 and:
'AVA6000: The estimated market size (peak sales) of a safer/more efficacious form of
doxorubicin in just three indications (ASTS, breast and ovarian cancer), in the US/EU
alone, is $1.5bn* pa.
• A licensing agreement with a large pharma partner should deliver 10% royalties on sales
to Avacta.'
10% is £150m isn't it?
Because Avacta have already put the above in writing for all to see, does that mean they're pretty vonfident they have such a deal in place or does it mean they've laid down the bar...take it or leave it...we want 10%...simples.