Very positive overall. Big thing is the guaranteed money for R and D meaning apart from the rights issue, no more need for capital raises ( described by one executive as the best deal he has seen in 15 years). I suspect the money is coming out of China? Bottom line is if Cho decide to stop funding .... they lose their money. Phase 1 trials show the product is safe and showing an immune response. New generation Photo soft agent being used is fat and water soluble. Early intervention for prostate cancer a huge market and tailor made for a 1st line treatment like PDT. Mitchell Glass will stay on until the respiratory assets are partnered and basically will go with the assets. Cpn 10 worth nothing.
IVX Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held
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