ZLD 0.00% 63.0¢ zelira therapeutics limited

Ann: Trading Halt, page-119

  1. 380 Posts.
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    100%, it's such a good development for a growing company! Sure the products discussed in the deal are only pipeline, BUT there's a non-refundable upfront licensing payment that goes directly into ZLD's hands, and it's another avenue for production and distribution of their current products. CVSCM wouldn't have made a deal where they pay a lump sum off the bat and front all costs if they weren't absolutely sure about the product. This is a huge vote of confidence on their behalf, it's not a deal you often see when a product hasn't even been developed yet.

    May not be much of a market moving ann, but it's a massive tick for the company
 
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