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1.35% 7.5¢ neurotech international limited

Ann: Strategic Partnership with Fenix Innovation Group, page-5

  1. ma420
    6,724 Posts.
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    11/04/24
    08:49
    Post #: 73288719
    I am hoping someone can help me understand Fenix’s role in our trial? No one pays so much in shares for a CRO, right?

    We own the drug and it’s IP. Fenix doesn’t manufacture it, at least in the announcement it’s not mentioned. So what is NTI gaining return for the shares and performance rights?
    NTI Price at posting: 10.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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