Things could be looking ok in the not to distant future. A pause and even reversal of interest rates, some saying the latter could happen this year.
There has already been some huge M&A activity this year in the bio space, Seagen obviously springs to mind. We should see more of this with a lot of big pharma drugs about to reach the end of their patent life.
A tough 18 months or so in the space but things will turn around. Whether CHM can stretch things out until some of these things happen, I’m not sure.
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