Commercial partner18 Feb 2019 15:05
If there was such a partner waiting in the wings for approval and many thought there was(due to non recruitment of sales force) , the placing if nec may be with that party as part of overall arrangement albeit a late rejig?? Just a thought So that instead of upfront payment for a licence they take a share of the company? Mtfb seem reasonably confident to be able to replace the 7.5 m ? And an interesting word re use of capital. Ie aggressively. Doesn’t sound too apprehensive? Wishful thinking maybe but they have had a couple of days to consult with iis and potential partners
I added a few more. High level I think it won’t fail. The risk is in how much existing shareholders gain from that