focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Very long auction, I think we will see a breakout over the next few hours.
Back in auction
Everyone set high sell orders to stop any shorters
Shares in HemoGenyx Pharmaceuticals (LSE:HEMO) PLC soared over 17% on Friday morning on news the company’s trials of myeloid leukaemia treatment HEMO-CAR-T could continue.
America’s Food and Drug Administration (FDA) gave the go-ahead for the trial to continue after issues identified in June had been addressed, HemoGenyx said on Friday.
"We are extremely pleased with the FDA's decision,” chief executive Vladislav Sandler commented, “we now look forward to accelerating clinical development of HEMO-CAR-T and to offering patients a potentially life-saving treatment”.
The phase one trial will allow HemoGenyx to continue studying its prospective CAR-T therapy, which sees patients’ T-cells modified to kill cancer, with the treatment aimed at offering an alternative to chemotherapy.
Closed at 3.90, opened straight to auction then went to nearly 7p on the ask. Hope we can get past that today.
Maybe we need Neil777 here with his 200+ posts daily to give us a boost.
What would the royalties be worth too!
I’m holding out for double figures here.
Redx is eligible to receive up to $870 million in development, regulatory and commercial milestone payments from Jazz, with the next milestone being an IND clearance from this program from the U.S. Food and Drug Administration. Redx is also eligible for tiered, mid-single digit percentage royalties based on any future net sales.
*It’s not just the 10 million though is it……..
Redx to receive $10 million upfront; potential for up to $870 million in development, regulatory and sales milestone payments in addition to royalties on future net sales
It’s not the 10 million though is it…..
Redx to receive $10 million upfront; potential for up to $870 million in development, regulatory and sales milestone payments in addition to royalties on future net sales
Could sell at 6.4 near opening, what a disappointment to see this dropping back again. I expected more 😩
Could sell at 6.4 on opening
Who remembers back in the day when NCYT went from sub 10p to over £10, I sold out way to early there.
Back in auction
Hold tight, looks about to blow.
Markets have only been open 13 minutes, some people are so impatient
Where’s Tilly
24p, I’d take that.
MASSIVE START TO THE DAY