RE: Re Accustem30 Jul 2021 11:37
Either way, Accustem valued @ 15p or 30p. The process to separate was due to no value being given to Accustem according to GC in a video chat.
The RNS dated, 22 May 20 stated ( Tils Closed @96p on that day - 27p higher than today):
'The rationale of this decision is that, as a standalone genomics-based personalized medicine company and separate legal entity, StemPrintER could:
· Secure separate financial resources, with the goal of enabling accelerated development of the StemPrintER genomic test:
· Separate StemPrintER from Tiziana's biotechnology and pharmaceutical businesses so it may focus on the personalized medicine market; and
· Allow Shareholders to benefit from both Tiziana's rapidly developing drug portfolio and the standalone value of StemPrintER as it progresses through its own development milestones and the path to commercialization and allow shareholders to receive the maximum potential value from StemPrintER as a standalone entity.'
Unfortunately, StemprintER has not progressed in the last 15 months, as far as we are aware.
However, TILS has progressed with various treatments and we are 27p lower than when the announcement was made. I'm still a believer of TILS, but Accustem is in danger of being over taken by advances in other diagnostic methods (blood testing etc) or even advances in treatments for Cancer.
BB