RHT 0.00% 6.2¢ resonance health limited

Ann: Resonance Contracted by Major Global Pharma, page-9

  1. 9,157 Posts.
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    Positive news but this is a different business model being a CRO and comes with significant risks IMO. Well managed those risks are reduced and as always if trial is stopped there won't be te full fees.
    This is being a CRO
    Will be interesting to see what costs RHT will incur to achieve this income?

    Not sure what the market will actually understand about how many $ fall to bottom line but it does give turnover an dmake fuller use of facilities and skills.

    ASIC / ASX may ask for more details on this announcement

    All intellectual property in the Study vests in the Customer.
 
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