RE: 8.9x that’ll do2 Jun 2022 20:05
Tom, noted your calc. If I recall correctly Avacta were expecting 10% royalty as model. Hence 2.5bn + val ,excluding other products taking this higher .
…a sound proposition then ,subject to data.
I’d just add that in pharma ,bad news or programmes inevitably leaks , and to date the grapevine is sound.
On y va…
GLA