Stakes being built26 Oct 2015 12:32
Looks as if people are building stakes ahead of the NASDAQ float, further milestone payments from partners and Savolitnib and Fruqiontinib BT regidtrations with the FDA
Sales of these 2 drugs alone could be worth billions of dollars per annum. The Companies valuation will be truly ralised after the NASDAQ float, which could raise a lot more than the $100m figure penciled in. U.S. Investors have a massive appetite for Biopharmaceuticals, especially those developing Breakthrough Therapy drugs that can be fastracked through FDA approval, not to mention the huge potential for the Chinese market
On that note, Chinese Healthcare providers like nothing more than Chinese drugs