RE: SP17 Jun 2021 08:57
Marked down on open due to this:
“Further to the announcement made in June 2020, the Company has received a further communication from counsel to Secura Bio, Inc. ("Secura Bio"), the owner of panobinostat patents that were formerly licenced to the Company. Secura Bio terminated the Company's licence to the patents in June 2020. Notwithstanding that termination, the Company has recently received a letter from Secura Bio claiming material breach of the terms of the licence and is demanding, among other things, that the Company grant Secura Bio a non-exclusive, free licence to its intellectual property and know-how. The Company believes that such claims and demands are without any merit.“