RE: Eli news ASPENWOOD19 Feb 2021 15:52
I believe you are probably referring to this an extract from an earlier RNS. In which case we may go all the way up to 11th April. However I think it's very unlikely. It is still not correct to say there are only 20 trading days left. It could be up to a maximum of 35!!!
"With the phase of the Agreement relating to the development of the antibody completed, under the Agreement, as of 11 January 2021, GlobalCo has three months to exercise an option to license the Company's intellectual property necessary to exploit the CDX antibody on an exclusive worldwide basis ("Option"). In the event GlobalCo and Company are unable to reach an exclusive licensing agreement within six months of GlobalCo's exercise of the Option, if any, or if GlobalCo does not exercise the Option, Hemogenyx Pharmaceuticals will have three months to exercise an option to license the GlobalCo's intellectual property necessary to exploit the CDX antibody on an exclusive worldwide basis, followed by six months to reach an exclusive licensing agreement."