RE: Another unsubstantiated Theory30 Mar 2021 15:25
I imagine talks over CDX have went something like this:
Vlad: So do you want licence to exclusive rights for CDX or not?
Eli: Yes, how much?
Vlad: Lots.
Eli: But your company is only valued at £30mil, how about we pay slightly less than lots, say £250 mil and buy the entire company?
Vlad: No.
Eli: But you want us to pay MORE than what we think we can buy your company for JUST for one product?
Vlad: My company is not for sale.
Eli: Please Vlad, your MCap is only £30mil we will gladly buy the entire company and save licencing CDX, CAR-T, Lupus etc all seperate!
Vlad: Let me think...
*(All stop for home made bread and a glass of wine)
Vlad: Nope.
Eli: If we licence CDX for 100s of millions in upfront and ongoing milestones thats going to drive up the price of the company and make it harder for us to take over down the line....
Vlad: And your point is?
Eli: So your saying we HAVE to licence CDX there is no other way?
Vlad: You either Licence or dont and we go somewhere else, or start adding zeros to your what your considering would even come close for a take over.
Eli: Fine.... But we want mates rates on CDX.
Vlad: Done.