RE: This will be 30p in no time9 Apr 2026 09:16
Fusion Antibodies presents at the Proactive One2One Investor Conference - January 11th 2024
https://www.youtube.com/watch?v=IAvbf90GgvQ
I recommend everyone watches at least the Q&A of this one!
A very jovial, excited and up beat Adrian at this presentation, this was a few months after the initial deal with the NCI was signed a few years ago.
A gold mine of great quotes from Adrian I will share,
“NCI is a surrogate for big pharma, I’d much rather do the first deal with NCI, when I might have to compromise things, rather than sell it cheaply to a blue chip”
“We approached NCI for sentiment around mammalian display on a scientist to scientist basis. We went directly to Dr Mitchell Ho saying what’s the best way to do such and such, would you like to have a look at our technology. He liked it so much he didn’t buy the company yet, we set up the agreement from his pulling it through, we may have positioned it to do that”
“No one has a platform like Optimal as far as I’m concerned. I think that’s one of the reasons why they really wanted us to come in”
“The NCI are taking it seriously, lots of people are going hang on this is worth another look, how far have they got. We went to the antibody engineering and therapeutics conference before Christmas 2023 in San Diego and came away with some very significant enquiries around that, it’s really made people sit up”
“I know antibodies are worth a lot of money so there is an example recently, Novartis bought a company called Calipso to get hold of one antibody called Cali002, $425m in order to do so, what you may not have known is we humanised that antibody”
“We certainly do not rule out such a big licensing deal, I think it’s probably more likely and certainly looking at today’s MCAP that a big pharma rather than licensing it for the amount it would be worth would just come in and buy us”
Follow up question to this, I can’t understand why the valuation is probably less than kit in your laboratory plus the potential value of optimal already
“Nope it confused me as well but that’s one of the reasons why I work there, one of the reasons why I work for shares and it’s one of the reasons why I bought shares”
GOLD.
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