RE: That’s more like it !!! Nice RNS20 Sep 2022 10:40
HSD those maths don't stack up do they ? Acquire a promising drug for £400m (say) and then somehow lose Billions ?
Most of the revenue big pharma derives from new drugs comes from the speculative acquisition of promising treatments.
Investors trust their big companies to work like this as they've seen it again and again. I could make a very long list (and have done before) showing which Billion $ drugs came from which tiny research and discovery companies, and the partnerships, licensing and outright buyouts along the way, but it's enough to state that almost everything that's been approved for Covid making the parent company billions, came from somewhere esle.
Anyway it's neither here nor there. We don't want a buyer sniffing around now. We want to wait until the value has recovered or the company has something solid in the works - like Strive - to back up its current vulnerabily