A £2m market cap company?26 Aug 2025 11:52
Today’s RNS included the following statement. “A detailed technical and market assessment has been conducted for Val201 as part of a comprehensive review of ValiRx's current and potential assets”.
So what does this £2m market cap hold, asset-wise?
CLX - ValiRx holds 60% of the shares in Cytolytix. The remaining 40% is split between King's College London (20%), and the two academic inventors of CLX001, Martin Ulmschneider and Charles Chen – now at AZN. (RNS 24/10/22). The estimated global annual cost of breast cancer is approx $119 billion, according to a comp study published in JAMA Oncology.
Dundee pro-senescence project - “…We are pleased with the demonstration of activity for the compounds under evaluation ...We are fortunate to be working with Professor Bishop and have worked with her to secure non-dilutive funding to undertake the required work." (RNS 30/1/25)
401 - “Valirx will receive 576000 Ambrose shares with clinical & milestone payments of up to £16m in Valiseek” (of which Val owns 54%). (RNS 20/6/25)
PredictRx - “…the arrangement is strategically important in demonstrating the commercial application of Val's platform and establishing future buyout value.” (RNS 4/8/25)
StingRay - “At the conclusion of the evaluation period, Val has an option to license the technology, under pre-agreed terms, into a Special Purpose Vehicle jointly owned with Stingray. On completion of IND enabling studies, Val's ownership will increase to 75%”.
“The contract is for 12 mnths but we envisage completing the work significantly faster than this.” (RNS 5/8/25)
Other RNS’d collaborations since ME’s appointment (12/8/24):
BioReperia (27/8/24), DLOC Biosystems (9/9/24), Spanios (16/9/24), Xenopat (18/9/24),Ignota (24/9/24), BioRep (7/10/24), Amply Discovery (19/11/24), Altus (29/1/25), Screenin3d (3/2/25), Cellomatics (30/4/25), Dominion (30/4/25 &12/5/25), Omios (3/6/25) & Voxcell (29/6/25).
Mark E has every reason to put in this effort. The CEO’s personal stake is 22,746,187 shares (6.08%) & 20,769,230 warrants. (RNS 30/12/24).
In addition to the value of a state-of-the-art lab, Inaphaea is building more data into the PDC biobank. Mark has already confirmed the data itself is a significant asset in addition to the 470 PDC vials across 66 cancer types. Inaphaea typically get £10k per PDC cell-line upon commercialisation, plus commercial rights entitlement.
Inaphaea also have a range of CAFs, which alone can command up to £6k per vial.
Prior to Mark’s appointment, Val was mainly reliant on legacy assets and an under-utilised, over-staffed team. While cutting costs, he has progressed these assets, with SPV’s now being prepared. Meanwhile, Val is continually expanding into developing areas of oncology: immunotheraphy, personalised medicine, pro-senescence science, the use of ML and AI in Bio research, Lab-on-a-Chip’ tech, repurposing and shortly - vet science & comparative oncology.
Val is n