if you look at the drivers of big Pharma acquisitions they’re usually based on the target having a compelling pipeline (eg suite of antibody drug conjugates in oncology) or a standout groundbreaking drug like the Crown Jewels
——Dmx fits neither of those.
——/Beyond this trial the larder looks bare, and the dimx drug itself performing better than a placebo when other drugs in this space outperform it, well I can’t see Big Pharma boardrooms getting excited.
Ann: Notification of upcoming expiry of Unlisted Options, page-50
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