How do you think the ABS investment? I understand ABS will set up PrIME operation in India directly soon, NSP didnot mentioned whether NSP will still hold 50% or not, can you also ask John this question? Thanks
Now we are developing 2 operation at same time at 2 countries.
"will now be focused on establishing an Indian PrIME facility."
Quote:
ABS Novacell Biopharmaceuticals Ltd (ABS)
ABS has made significant progress in its funding, which will now be focused on establishing an Indian PrIME facility. In the meantime, ABS and NuSep are finalising the Indian CUP supply agreement. The acquisition of the A-Bio facility should enable PrIME to start processing the Indian CUP material at least 6 months ahead of the planned and budgeted timeline.
MEM Price at posting:
7.3¢ Sentiment: LT Buy Disclosure: Held
