RE: POLB 001 DATA PRESENTED AT ASH14 Dec 2023 12:52
Afternoon Spuddy, I think that they will license 001 multiple times for a specific use that will be protected by Poolbegs IP. We all know that CRS blocker can have many uses as RSV , Oncology and Sepsis etc and more than likely others that suit short term use.
With regards to an upfront payment I would think that we should not set our sights to being more than £10m or we may be disappointed.
The real riches will come with forwards milestones and future royalties down the line and these could easily be in the hundreds of millions or maybe in the case of a major buy out 1b+ as has been hinted by the company lately. The wheels are obviously in motion and we are told we are on a pivot point to being revenue generating. Something is being finalised and we will know shortly.
Maybe the Oncology trials in H1 2024 will be financed with a MOU attached. We are holding up well lately and as seen by Hvivo yesterday our sister company weather we like it or not ,we play with the big boys and the money is there for a proven product.