LoL fp, at 2.3c last week you probably bought mine.
That’s nothing to what GSK spent on Tesaro last week, $5.1b deal!
I was thinking IMU would turn out to be the next CSL, but after Paul’s interview, I felt slightly disappointed that we’re only after a VLA style buy out. On the other hand, I can see how this can possibly play out:
Back in April, after getting positive initial trial results, Axel recommended the board to buy out other B-cell vaccine trials (OSU/Mayo) to ensure IMU monopolise B-cell vaccines with the view of one day being bought by GSK.
We are a research arm of GSK but At the moment it’s cheaper & less risk for them to let Imugene stays as an independent company to do the trials.
If the vaccine works & in combo with the anti PD1 etc, can be produced at cheaper cost than the competitors & we are the only one in the game, you’d think multi billion $ reward is waiting if the trials are successful.
Anyway, just a wishful thinking..
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