RE: "Redefining the future of melanoma treatment: Scancell's bold step forward"31 Jul 2025 07:45
I’ve said many months back that I don’t expect deals that shoot the SP north in 2025, which provoked criticism at the time. For me, 2025 was always going to be a year of harvesting data and any deal is much more likely to come in 2026 - if that data remains attractive. I get the point that the price goes up if the data is compelling and buyers are competing but my belief is that that is outweighed by Scancell needing to prove their products further, in the clinic.
This is unlikely to be a popular viewpoint now, given it wasn’t when I said it months back but it isn’t made with a negative spin. I’ve added to my holding in 2025 while the company has continued to grow both inside and outside the clinic. 2026 for me.