Tissue Repair Ltd (ASX:TRP)

  1. 1,624 Posts.
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    I have not seen any thread on this one yet... Good write-up at https://www.copyright link/street-talk/wound-treatment-biotech-tissue-repair-kicks-off-roadshow-20210928-p58vgz

    Summary:
    Lead managers: Bell Potter and Morgans
    Cornerstone investors: Ellerston, Washington H. Soul Pattinson and Australian Unity
    Valuation: apparently attractive, comparing to other listed ASX businesses active in this space
    Stage of product development: phase three of clinical trials in 2022 (again, among a few only on ASX that reached that stage)

    I am in with a spread allocation. The backers, valuation, product and the lead manager (Morgans) drew my interest.
 
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