RE: Inaphaea RNS July 202329 Sep 2024 11:15
Rat, it takes time to recruit skilled personnel, build the infrastructure and a marketing plan - seen the number of bio fairs and shows they have presented on in LinkedIn? The fruits of which are the train load of agreements recently announced and from the presentation told that the lab with B/E shortly and generating income by EOY.
I liked 301 and the Endo angle but VAL are concentrating resources on monetising near assets (and services in the lab) to maximise shareholder value in 201, 401 and CLX ASAP.
We have seen a shift in culture from pure science and personnel to ME appointed to (albeit a Dr) to commercialise VAL which has been lacking for all these years so we now have an optimum mix of science and corporate.