Forgetting Iclaprim - Asset Sale $10m+?6 May 2020 18:27
People should note this is no empty cash shell, it still has its flash ship product at Phase 3 Clinical trials ready to be trialled with all approval conditions agreed with FDA...Tamarack associates are hired to facilitate the sale. Potential partner could fast track this now in the current climate for COVID19 treatment through FDA EUA...iclaprim is
Expected to fetch at least $10m.
As announced on 28 January 2020 and 18 March 2020 Motif BioSciences Inc. ("Motif Inc"), the company's wholly owned subsidiary, ceased all operations and engaged Tamarack Associates to facilitate the sale of iclaprim and other assets of Motif Inc.