I think we have to look at TLX and CU6 as similar but different companies.
TLX is a business development company with a strong manufacturing and distribution network, who are aggressively acquiring assets due to their early market advantage and cashflow. While they do have plenty of pipeline assets, their recent developments are inorganic growth via cash flows.
CU6 is early stage and concentrating on asset development, with arguably better products in the PSMA space.
how much of their MC is attributed to their strong manufacturing and distribution as well as the onboarded assets they've acquired? I haven't looked into it enough to say, but I think it's hard to use these two MCs as comparators now.
CU6 Price at posting:
$6.38 Sentiment: None Disclosure: Held
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