Let's not23 Jun 2016 09:15
go down the road of personal portfolios therefore panic or not panic.
VRP has now been fully funded, and will be going through IPO procedures, including a NASDAQ listing.
VRP has excellent clinical trial results that should pass Phase 3 even if they perform worse than the Phase 2's (VERY low p value!)
We also have the benefit of COPD being a very obvious disease, with placebo having almost no effect, meaning 554 should always achieve excellent results.
It has no side effects or minimal, and is toxicity free.
There may be some dilution, there may be some red days, but given our buy in prices are £35 mil MCAP approx, in an industry that can make hundreds of millions at commercial, and potentially a billion or two if the platform increases in scope worldwide, I am very very happy to have a considerable holding here.