So we now have a new partner happy to put in $38 million albeit staggered in 4 tranches over the time it takes us to get to proof of concept (POC). Remember Medicxi scoured all over the world looking for a solution to it's drug for a year and settled on Starpharma
We know now it is an ADC that Medicxi are interested in (let slip by Jackie at 2023 November 29th AGM)
What else was said at this AGM which might be another market sensitive announcement pending in April
Below is a direct quote in writing from this AGM
"Starpharma maintains an active business development program for the DEP® platform, with commercial discussions underway in a number of areas, including DEP® radiotheranostics (hopefully pending)and DEP® ADCs (announced on Monday 8th April)"
Radiotheranostics is big business. Just look at Telix. Market cap more than 4 billion AU$
Stay tuned
So we now have a new partner happy to put in $38 million albeit...
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