Should at least be above 4p16 Feb 2022 10:27
It's cheap, price is nuts but it won't stay down here for long.
* Agreement with Conduit and SGSC to acquire a 5% economic interest for a total consideration of £1.88 million, to be settled in new Cizzle ordinary shares at a price of 4.0p per share, a 56.9% premium to the closing mid-market price on 11 February 2022
*in discussions with multiple pharmaceutical companies about licensing opportunities for AZD 1656 for Covid-19 and potentially for further indications
* expand its target customer base into the pharmaceutical industry
*significantly the Economic Interest will be uncapped
*a full commercial agreement has now been executed to develop and market the Company's proprietary early lung cancer diagnostic tests in China
* 10% royalty for the Company over all sales of products and services using CIZ1B in China
* At a target price of about £100 per test, the total available market for tests based on the CIZ1B biomarker would be £3 billion.