IIQ 3.54% 58.5¢ inoviq ltd

The merger effectively strengthens both halves of the company....

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    The merger effectively strengthens both halves of the company. It provides Sienna (formally) with new targets and potential products and it gives BD-1 a research base and expertise in commercialization. A further advantage for BD-1 is that they are not restricted to products based on Bard-1 (which it appears is all they were concerned with previously). The sky’s now the limit with potential new areas of interest and products. Combining platforms will also possibly improve BD-1s diagnostic approach. Time will tell I suppose but I feel that this is a strong move with great potential. I do wonder if there will be a name change in the future given that it’s now not all about just BARD-1.
 
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