The science seems solid to me, too, and the patent portfolio is pretty impressive. I've been holding this for some time, though, and the market cap has roughly followed the cash holdings down. Not sure what it will take for this to be valued as a drug development company instead of the LIC it used to be, but given the number of prospects I'd expect something to bear fruit within five years.
The science seems solid to me, too, and the patent portfolio is...
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