IMU 0.00% 3.8¢ imugene limited

Geneva, Switzerland - 13 Dec - 16 Dec 2018 The ESMO Immuno-Oncology Congress, page-22

  1. 328 Posts.
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    LoL fp, at 2.3c last week you probably bought mine.


    That’s nothing to what GSK spent on Tesaro last week, $5.1b deal!

    https://www.fiercepharma.com/pharma/glaxosmithkline-looking-to-pump-up-new-favorite-oncology-buys-tesaro-for-5-1b


    I was thinking IMU would turn out to be the next CSL, but after Paul’s interview, I felt slightly disappointed that we’re only after a VLA style buy out. On the other hand, I can see how this can possibly play out:

    Back in April, after getting positive initial trial results, Axel recommended the board to buy out other B-cell vaccine trials (OSU/Mayo) to ensure IMU monopolise B-cell vaccines with the view of one day being bought by GSK.

    We are a research arm of GSK but At the moment it’s cheaper & less risk for them to let Imugene stays as an independent company to do the trials.

    If the vaccine works & in combo with the anti PD1 etc, can be produced at cheaper cost than the competitors & we are the only one in the game, you’d think multi billion $ reward is waiting if the trials are successful.


    Anyway, just a wishful thinking..



 
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