RE: How diagnostic test is measured video24 Jun 2020 20:17
Extract from P.14 of McNulty doc today. This may be part of the answer to the 'what could be under the bonnet' question.
'Beyond that £686m target enterprise value for the Affimer platform (which, as we have already explained, could
be achievable this year, were a NAf therapy for COVID-19 to progress into clinic), it is simple to see how the
platform could be valued at many multiples of that in just a few short years. One need only consider the cash
consideration of €3.9bn paid by Sanofi for Ablynx only two years ago – or the ~$125bn in global sales per annum
of antibody-based drugs. Avacta has freedom to operate in developing alternative, Affimer-based therapies
wherever there is already existing antibody-based IP. In essence, it has an almost limitless market to target'
Truly incredible opportunity and big thanks for the doc Myles
Urban Sea 89