How is a SPAC formed? A SPAC is formed from capital raised in a traditional IPO. As a publicly-traded entity, a SPAC must satisfy Nasdaq’s listing requirements. SPACs can be used as a tool by public and private companies to raise funds for the purpose of an acquisition. In a SPAC, original investors vote on the business combination.
I hear the fund manager for Invesco has been shown the door due to poor fund returns performance. New team in sorting things. Could explain why Invesco have no choice but to cash in their ORPH profits after a very early entry to improve the funds return performance. For those of us who are here for long term this hopefully will prove a great topping up opportunity. GLA
At last the management has got a grip of things here . That will certainly help with stake holder talks. Feels like the ship is no longer sinking and been steadied and prepared to move forwards again. Good management is key here and we finally have that now! Bodes well.
IT’S FREE!!! World's first Covid passport technology will be trialled on flights from Heathrow this week in bid to let passengers travel without risk of quarantine in future BUT requires authorities to trust test lab results from abroad Passengers on United Airlines and Cathay Pacific are trying out an app called the CommonPass. The phone software is a digital health pass which can hold a certified COVID-19 test status or show someone has been vaccinated in future in a way designed to satisfy various governments' different regulations. The pass works by passengers taking a test at a certified lab before uploading it to their phone. It generates a QR code that can be scanned by airline staff and border officials. David Evans, Joint CEO of traveller pass company Collinson, said the app could be a gamechanger. He added: 'As we come to grips with living with COVID-19, testing is the safest scientific method to reopen countries and borders. https://www.dailymail.co.uk/news/article-8814245/Worlds-Covid-passport-trialled-flights-Heathrow-week.html
In a ground-breaking trial, scheduled to begin in January at the Royal Free Hospital in London, patients will be inoculated with a vaccine developed by Imperial College and then exposed to coronavirus.
The trials will be funded by the Government (watch Boris Johnson visiting a coronavirus vaccine research centre in Oxford in the video below), and an announcement is expected soon.
The Imperial trial is being run by hVivo, a spin-off company from Queen Mary University of London. Already, roughly 2,000 people have signed up to take part in challenge studies in Britain through the group 1Day Sooner.
A Government spokesman said: "We are working with partners to understand how we might collaborate on the potential development of a Covid-19 vaccine through human challenge studies. These discussions are part of our work to research ways of treating, limiting and hopefully preventing the virus so we can end the pandemic sooner."
Won a Large, long-term contract !22 Sep 2020 07:19
News Just Out! – Venn Sciences who are part of Open Orphan announce that they have won a large, long-term contract with a Major European Pharmaceutical Company! This contract reinforces Venn's position as one of the leading providers of data-management, statistics, and medical writing services to many of Europe's leading pharmaceutical and biotech companies, a service the Company has a strong track record or providing.
RE: UK Gov planning for Digital immunity passport13 Sep 2020 18:25
Mr Milton Excellent ! Thanks for posting that. I watched Boris in his recent COVID briefing and that's exactly what he stated the government intentions were. Despite all the endless critics who fill our airways saying we cannot achieve this that's exactly what the gov needs to do to manage COVID - test, test and test again with results automatically loaded onto a COVID. Passport.
Bought in again today after watching todays Gov COVID briefing lead by Boris today.
What came across load and clear was the governments wish to now test, test and test again to know who is negative and therefore safe for COVID so they can be allowed access to theatres, football matches, pubs, restaurants & work places.
Key to support the economy & give folks some safe normality.
Note the PM highlighting people leading the testing services now working day & night with business to make this happen!
What will allow this to happen now and be manageable is fast testing turn arounds linked with the elusive COVID Passport App that also has track & trace functionality too.
Looks to me like CTEA have the solution here that will significantly help save the UK economy & others and finally help get Boris and Trump off the COVID political hook.
It’s just a question of time now before all is revealed.
As that time is fast approaching thanks to the excellent work CTEA has silently been doing, it looks to me like CTEA shareholders will very soon get their just rewards.
Gook luck to them! They deserve it!
Bad luck all you, devious, motive driven de-rampers!!! What ever your selfish motive are I hope you all get well and truly roasted here.