CIR 0.00% 31.0¢ circadian technologies limited

Ann: Opthea Signs Cell Line Commercial License Ag, page-5

  1. 12,525 Posts.
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    re: Ann: Opthea Signs Cell Line Commercial Li... They have plenty else going on as well

    Could be time for that chart to turn upside down

    For a biotech, pretty damn cheap -

    $10 million cap
    $9 million in cash plus 2.2 million in listed shares

    Control over 400 patents

    Several therapeutic development partnering events expected during 2014.

    Commercial partnerships already in place with:

    - Eli Lilly: Developing IMC-3C5, a cancer treatment, with ImClone, a subsidiary of Eli Lilly (Eli Lilly makes Prozac, amongst other things)

    - Merck Millipore

    - Healthscope: Developed CupGuide, a molecular diagnostic for cancers of unknown primary origin, already on sale with orders and revenue to ramp up this year following oncologist education

    - Perkin Elmer
    - Bio-rad
    - Ark Therapeutics

    Ongoing royalty streams of $550k pa increasing to $1 million pa from this year


    Collaborations with:

    – Harvard
    – UCLA
    – CSIRO
    – Ludwig Institute of Cancer Research
    – University of Helsinki
    – Peter Maccallum Cancer Institute
    – Centre for Eye Research Australia

    New licensing deal announced this morning with Selexis

    Cancer inhibition technology/methodology I can actually understand:



    Charts look just about ready for a reversal-

    long term chart looks floored
    short term turning up with good OBV


    Titus you must be a Peter Lynch fan as well!
 
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