RE: Going backwards AGAIN22 May 2021 13:28
Looks like a shake by the city to grab stock. We know they plan to release more information about all the milestone payments and carries on various drugs in clinical trials. They have stated they will release this as part of results. As none of these potential milestone payments or potential royalties have been added to the balance sheet. We may see an upgrade in the perceived company valuation feom this new data and that’s how the board plans to create shareholder value.
It was hinted at being potentially substantial on likely hood that a good percentage of the drugs will likely get to clinic. On historic average data.
The company has always underpromised on this so it has never been considered in the valuation.
I’m told they hope to issue the results earlier than last year aiming for July.
But other news All linked to the OptiMAL library platform Covid-19, PD-1 and TIGIT + 4th target could be anytime.