Slow, but steady progress. The key highlight for me was work with the FRCBS progressing to phase 2, ie licensing negotiations for ongoing usage of LEAP for exosome purification. This is a great endorsement of LEAP, but of course, will not celebrate till a licencing deal is closed!
Exopharm does seem rightly paranoid on preserving cash and minimising share capital dilution, however I'd still argue that Director's fees should be reduced to 0% (vs current 20% reduction). Also, in this environment, more frequent investor communication is needed - the current communication levels do not help with building market confidence.
Looking forward to what transpires over Q3!
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