CHM 0.00% 1.7¢ chimeric therapeutics limited

IPO - Chimeric Therapeutics Limited - 18 January 2021 #, page-280

  1. 56 Posts.
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    Previous deals in this sector were valued at US$500M in a mix of upfronts and milestone payments. 26c would imply only a 30% premium on heavily oversubscribed IPO. I think somewhere around current levels is fair. It should be several hundred $M in valuation once clinical trials commence.
 
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