RE: .0785...Thank you.6 Aug 2020 15:21
From what I have read and researched (RNSs etc) I expect that GlobalCo (Eli ) will sign the deal and take CDX forward to human trials. Yet, the SP does not reflect this fact. The biggest confirmation for me was the "culturally aligned" quote in Vlad's last video and that we work really well together when collaborating. Amongst may other indicators this is alignment of patient focus drives both Vlad and Eli. Both take the same approach that profits will follow if we advance treatments and save lives.
You only need to look at all the other Big Pharma and Eli Lilly is the only one who does not include commercially focussed references in their corporate messages and strap lines etc.
So again, the current market quite clearly does not see the same levels of inevitability of this deal as me and therefore prices HEMO as such. This is where I get my edge as I believe the probability of the deal completing is higher than reflected in the SP. Therefore making this a bargain at current prices.
And CDX is a SINGLE PRODUCT for Hemo. It boggles my mind that we're still so cheap on the cusp of stardom. Complete validation (having got a small portion of validity already) will follow in the coming weeks and months.
The IND enabling test we're doing on HEMO CAR T, to which we have allocated £1.6M ( our previous annual cash burn) tells me we will be flying through this testing phase and be in negotiations now with partners we speak. News of this progress will be sooner than people think and will lead to a multi million pound deal with upfront and milestone payments. Furthermore, we will have funded fully the entire pre-clinical testing so whatever we get for the CDX deal... it'll likely be even more for HEMO CAR T.
With the CDX deal we could be provided with some phase 1 testing results by the end of the year if they get cracking soon. Just imagine CDX saving relapsed AML patients lives? Nice headline hey, without a splash of chemo is sight. Suddenly, the drug is validated, the mice are validated, our other drugs that work on the mice are validated...
I will have amassed an excellent collection of rocket GIFs and pics by then to do the SP justice.
Look after those HEMO shares people :-)