RE: RNS17 Jul 2025 07:26
Genflow Biosciences (GENF) with a market cap of just £3 million and confirmed non-dilutive grant support of €4 million (~£3.4m) from the Wallonia Region is, on paper, trading below the value of its secured funding alone — without even factoring in its intellectual property, research programs, or listing status.
Key points:
• €4m non-dilutive grant = more than its entire market cap
• Program (GF-1002 for MASH) is continuing without interruption, meaning runway and momentum are intact.
• Valuation disconnect: Market seems to be pricing in high risk or ignoring the fundamental backing (likely due to poor liquidity, past comms, or investor fatigue).
• Niche focus (longevity / gene therapy) — tough to value, but highly scalable if it hits a milestone.
Bottom line:
This looks deeply undervalued from a risk/reward standpoint, especially if the company can show progress in trials or attract a strategic partner