IMO. DYOR.
I think a key to closing some of this share price gap will likely be a partnership with an upfront cash payment plus various clinical development and commercial milestones.
Partnerships can come with US $50M plus upfront cash payments. An upfront + milestones partnership would fund pivotal trials and potentially be a stepping stone to a buyout transaction.
RACE shared the following deal examples in 2021 ( and these were preclinical stage ) - these also in the emerging RNA regulation space RACE is partly focused on.
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Zantrene is also not a “me too” drug. RACE with FTO and cardioprotection ( with improved cancer killing ) seems to be firmly establishing a lead position in key Oncology Real Estate … targeting FTO for a large number of cancers and a better ( and importantly safer ) chemo regimen to replace the mainstream AC regimen. RACE have been undertaking their own preclinical programs to show improved efficacy / safety and have various programs to validate this through proof of concept clinical trials.
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Note - above slide is from a July 2022 Torreya presentation available here:
https://torreya.com/publications/Torreya-Oncology-Marketplace-Update-July_19_2022.pdf
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IMO. DYOR. I think a key to closing some of this share price gap...
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$1.44 |
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Mkt cap ! $245.3M |
Open | High | Low | Value | Volume |
$1.45 | $1.49 | $1.41 | $101.7K | 69.88K |
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No. | Vol. | Price($) |
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1 | 9216 | $1.44 |
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Price($) | Vol. | No. |
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$1.47 | 7767 | 2 |
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No. | Vol. | Price($) |
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2 | 5750 | 1.400 |
1 | 2499 | 1.395 |
1 | 1000 | 1.380 |
2 | 8384 | 1.370 |
Price($) | Vol. | No. |
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1.465 | 7767 | 2 |
1.480 | 3000 | 1 |
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