RE: RE: Massive rns5 Nov 2025 20:47
In the absence of an April 2025 launch in the US, there is some encouragement to be had in recent activity over the pond.
That said, the much trumpeted April 2025 launch date has been missed by miles.
My fear, given the language in today’s RNS, is that whilst the original agreement with CIZ BIO Inc, being a pure royalty contract where they pay for all of the costs to get this to launch, why is there such emphasis on the new CLN being used in part to get the US effort over the line?
I’d imagine that Prof Coverley’s time spent specifically on supporting CIZ Bio Inc, would be funded by them.
Afterall, this loan note once converted, dilutes UK shareholders, not our US partner.