RE: many thanks to kind wishes a post for consideration and discussion?1 May 2023 11:52
The evidence is very clear , Scancell don't promote themselves....even the Proactive interviews seam to have stopped. Scancell publish in the scientific journals, randomly tweet, and attend conferences...but so do countless pharma companies. Does Scancell have the ability to seek out deals ? Having read Vulps recent comment on management I personally don't think so . I appreciate a deal was finalised with Genmab while the ink was drying on another employment contract but the upfront payment was very poor and we still don't know the exact milestone payment triggers.
The only hope is that the data from Moditope and or the pre clinical work on the mAbs catches the eye of a major pharma company and an offer is made that Redmile and Vulps can't refuse.
I know others have stated that the Genmab deal alone could be worth £1 a share so a bid at this level would get everything else thrown in for "free" . However, we have lost around 25% of market capital since the last conference and hopefully we will stabilise at 14-15 pence , Scancell must surely be very, very vulnerable to a bid approach.
As stated, it would all depend on Redmile and Vulps. Would they accept a low value bid or are they prepared to fund Scancell further ? If funding is required by next April, then Scancell will need to start planning for funds in the next few months . I think we are very , very likely to get an approach soon and success will depend on whether Redmile want to play the long game