DJ Hardman & Co Research: Incanthera (INC): Significant progress in first anniversary as plc
Hardman & Co Research
Hardman & Co Research: Incanthera (INC): Significant progress in first anniversary as plc
18-May-2021 / 10:05 GMT/BST
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Hardman & Co Research: Significant progress in first anniversary as plc
Incanthera (INC) was a spin-out from the Institute of Cancer Therapeutics (ICT) at the University of Bradford to
exploit development opportunities generated by ICT. Following its listing on the Aquis Growth Exchange in February
2020, INC has been concentrating its resources on the further advancement of lead product, Sol, which is now the
subject of progressive discussions with two global cosmetic companies. A recent oversubscribed Placing with
institutional investors raised ca.GBP1.0m net and provides the group with a cash runway until the second half of calendar
2022, excluding any income which may be included as part of a licensing deal.Please click on the link below for the
full report:
https://www.hardmanandco.com/research/corporate-research/significant-progress-in-first-anniversary-as-plc/
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1197796 18-May-2021
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(END) Dow Jones Newswires
May 18, 2021 05:05 ET (09:05 GMT)
