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The quote
Over the course of 2019 Neuren, assisted by Torreya, has actively engaged with third parties both in and outside the US to evaluate potential transactions. We have received a number of proposals to date which have led to more detailed discussions. Throughout these discussions Neuren has remained clear on what it considers to be an acceptable range of possible outcomes. In recent weeks the process has advanced further, with a level of interest that the Neuren Board regards as meaningful and appropriate. Whilst there remains no certainty as to the outcome or timing, the current specific discussions form a good basis to extend the Torreya process into the new year.