RE: Smoke and mirrors3 Mar 2021 13:42
You wouldn't think the strategy would change too much from the current one below, hopefully we have an update where everything is individually........
Our business model is one with very low operating costs, but we diversify the means by which revenues are derived. Our strategy therefore takes three approaches, each underpinning a balance of risk and reward and timing of returns and revenue generation. We will:
Undertake technology licensing agreements centred on our IP and provide fee-for-service work to third parties producing their proprietary products, providing Nuformix with short-term revenue streams.
Apply Nuformix’s IP to produce our own proprietary product opportunities for short-term development and out-licensing, providing potentially larger, medium-term revenue streams.
Evaluate co-development opportunities, with third parties, of generic products where Nuformix’s IP provides renewed patent protection, allowing access to more rapid development to market and risk-share appropriate for Nuformix.