Member Info for ForFXSake

You still locked in? Those P&D's seem to have dried up a bit, shame.

Putting it like that and taking into consideration our track record on successful 'talks' I am now thinkkng of building a bunker under the mountain in my back garden

That's assuming anything comes from those 'talks'.

To be fair, I don't remember ever seeing much of a contribution from you, other than the occasional swipe at other posters who say something you don't happen to agree with.

Then we shall all be disappointed together, shall we not?

What am I going to do?

I'm going to remain cynical until I actually see something positive and tangible delivered.

So the family silver has finally been sold..and we're suddenly in partnership talks again, not just for NXP002 but also NXP004. Wonders never cease!

Unfortunately (and as usual) we don't know who we're talking to (maybe understable) just as we don't know how much Oxilio is paying for full ownership of NXP001 (not acceptable in my opinion) but, hey ho, we have to respect the commercial rights of a private company over and above transparency for shareholders in a plc.

What I find really curious is why a company would sign a licensing deal which pays royalties (albeit severely capped), put it on the back-burner (didn't someone say here OXL001 was nothing to do with NXP001?) so no milestones are paid then decide to purchase complete ownership BUT leave the royalties in place. Scratching my head on that one.

I wonder how different the undisclosed, 'immediate and near term milestones' are from the milestones we would have got had they simply progressed it from the start of the original licensing deal?

No Thompi. My mistake

You're right undercover. My mistake.

Red mist descended from NXP001 giveaway and I misread that, taking it to be part of the quote. Apologies

Yes Whimax. I am an idiot to have put money into this.

Never mind, You just back in there and make your 2%

Following on from the incredibly accurate news, here is another quote from Thompi's TG post:

"Make of it you what you will. TBH it doesn’t make much odds to me. I only have a very small holding having taken a big hit a while back. Water under the bridge for me now,"

Surely that doesn't mean he's sold the majority of his shares in Nuformix? I don't remember seeing the TR1, maybe someone can point me to the RNS. I thought he was fully invested, like all us LTH's that he desperately wants to see get rewarded. Maybe it's the Oxilio shares he's got rid of?

If he hasn't dumped his Oxilio shares then I reckon those 'odds' will be significantly improved in the long run.

What cash is that Whimax? How much is it that you're excited about?

Only the traders will be uplifted by this news.

Quelle surprise!

It's not good at all! Everything is always hidden from the shareholder. NXP001 is probably the only asset of value we have. We deserve to know how much for.

Thanks to Thompi for highlighting this.

Thanks for posting Thompi.

It will be very interesting to see if anything transpires from that.

So your comment about BI licensing discussion was BS then?

No further exciting twitter/website updates then?

Maybe down to the jet lag

Maybe Elon Musk will make on offer...he's got a few quid too!

"The licensing discussions with Boehringer must be going well then!"

Presumably you have some irrefutable, concrete evidence that those discussions are actually taking place...just so that we can strike off any possibility that you're another P&D clown trying to escape the nightmare of being locked-in?

PS. Just because Dan says that the conference is "incredibly constructive and educational" doesn't mean that any Business Development breakthroughs are being made. We've heard it all before.

Only a red-hot big pharma deal will do.

Relax360 - 18 Jul 2023 18:00

"They'll also be talking to a number of potential partners before the ERS, which is less than 7 weeks."

I wonder how that's going?...it starts this weekend.

I notice your EBMO Mol Med link is from 2018, relax!

I felt myself getting excited so decided to do some historical research myself. These snippets are from the Business Update RNS on 27th May 2020. It's very old now, I know, but I thought it would be OK because it's still well within your accepted time range:

"-- Negotiations regarding the out-licensing of pan-Asian rights to the Company's NXP002 programme are progressing well, albeit at a slower pace than expected as a result of the COVID-19 situation. The Directors are pleased with progress to date and look forward to further positive discussions in the coming months."

"The leadership team and Board have completed a business review, mapping out a sensible course through the months ahead and focussing investment on the programmes we believe will deliver short-term returns, in particular the completion of a pan-Asia out-licensing agreement for our NXP002 programme. The Company is in position to progress development programmes as soon as negotiations are complete"

Unfortunately DG had to move on a month later, which along with Covid probably delayed the negotiations a bit further but the good news is Covids over and he's been back 18 months so maybe we'll hear something about out-licensing progress any day now?