This company is setting itself up for one of the most eye watering deals in Australian biotech history.
They are strategically laying out their 4 products with world renowned people working on each arm. Rest assured within 18 months the company will be completely bought out by big pharma for circa $2b or they will go into partnership valued at $700-1b for one or more of their products (a mix of upfront cash and back end payments) that will finance everything through to the completion of phase 2. The partnership scenario is more likely given the strength of the talent already in imugene.
Unbelievable indeed.
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