IMM 13.2% 29.5¢ immutep limited

Ann: Immutep completes institutional pro-rata offer & placement, page-31

  1. 1,611 Posts.
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    correct. What’s the profit on $100mil supply of Keytruda?
    Essentially Merck is paying peanuts. This is a zero risk equation for them and all the risk is on shareholders.

    There’s no risk reduction for shareholders in this deal.
    running the trial. But $100 mil won’t cover it and all the other things they are doing. They will have to come back to the market again in 12 months.
 
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