Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Too many algo trades pushing for this to be p’n’d
Someone’s computers getting excited.
'I wonder what this mysterious anti-fibrotic agent that Boehringer Ingelheim is acquiring... https://www.boehringer-ingelheim.com/anti-fibrotic-agent"
Probably this anti-fibrotic agent that was annouce in May.
https://www.boehringer-ingelheim.com/us/press-release/il-11-inhibitor-antibody-clinical-development-launched
Left too early, oapk20.
Cash not running out here this year.
Good job they have a 90 day invoice lolz! ;-)
October by any chance?
We need Earl and Ria20 back for the invaluable nonsense.
Bigger company with more money to spend develops something faster shock news!
I’ll ask my therapist
Its under an NDA trombone. sssshhhhh! ;-)
Superdrug get my vote for a bid, they can put it next to the fungal foot cream section.
Oh ok, so there is no chance of something happening, but you're here because you think there may be a chance of the thing you say can't happen happening?
Then why are you here?
The %age is somewhat irrelevant as the royalty is capped at £2m anyway.
So even at a 10% level, the royalty would hit its cap of Oxilio achieved low sales of only £20m. Nfx wouldn’t get anymore of the sales subsequently rose to £200m, hence the %age isn’t much concern.
Unfortunately we don't know the %age, so difficult to determine when the 2m figure might be achieved.
Hence, my view is that it would be better to sell the asset to fund toward NXP004.
Forgoing a possible £2m revenue in 7+ years time to outlicense something far bigger in the medium term makes sense to me.
Relax, that works as one hypothesis, but when are those royalties from sales achieved?
Likely the quickest to market for NXP001 would be 7 years from now (going by Oxilio's own information), then how long before they hit the required sales to get the royalty to £2m?
So, unless you are expecting NFX to still be £2m mcap in 7+ years then the royalties are inconsequential at the moment.
Well given that the ERS congress is only 7 weeks away the key is to complete the additional work to prove repeatability (a major factor in gaining interest), then to use the forum as a means of communicating this.
Theres no rush for a deal, the key is to get more than one horse in the race and build competition between them.
Relax, you do know that it wasn't Dan at the ERS last year don't you?