Hi Jak444,
I dont think there will be an upfront payment on this one.
This is a research house rather than a company that 'sells' products as such. Have a read of the link below.
http://oneworldlab.com/about-one-world-lab/
This is certainly a great signing but I agree with whoever previously posted we will not see any short term benefits from this signing.
Interesting to note that one of there partners is life technologies.
http://oneworldlab.com/about-one-world-lab/about-the-partners.php
Hopefully some of the other partners see the great benefits of our product and sign on the dotted line!!!!
Cant see this moving the SP up. The market wants to see revenue....... and enough to mean a further CR is 100% ruled out. That will only come with a signing of the mid tier IVD company with a decent upfront payment and notification to the market that the application of M&G being used in their products in a short time frame.
Exciting times ahead for sure!
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