Maybe something here for you TTE,
Market opportunities
The company states that GvHD has an estimated market opportunity of US$0.3 billion,
CLI has an estimated market opportunity of US$1.4 billion
and OA has an estimated market opportunity of US$11.6 billion.
Consequentially, interest from major pharmaceutical companies in these areas of cell therapeutics is increasing.
Macdonald said this was one of the reasons Cynata recently knocked back a takeover bid which it believed undervalued the company.
He said: “Last year the company received takeover bids, one of which was disclosed to the market at $2 per share.
“Ultimately, we decided not to go ahead with that, but it’s a nice position to be in when a global, major pharmaceutical company decides that the technology looks exciting enough that they’re prepared to pay a couple of hundred million dollars for it.
“That was also important validation of our technology and our strategy.”
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