RE: Flat or red finish?2 Feb 2021 10:57
"Why does the UK always undervalue biotech stocks?"
There is no specialist Biuotech/Biopharma investment community in the UK which is why Tiziana wants to ultimately dump their UK listing and be listed 100% on NASDAQ without an adr program. At that point it will get a proper valuation, and with the current pipeline and assets we will see that valuation far in excess of $1bn if you compare it to similar Co's with similar pipelines and assets.
And for those in doubt there are plenty of PRE-REVENUE NASDAQ Biotechs with smaller pipelines, and a single drug candidate targeting a single indication with valuations far in excess of $1bn.