Xintela: Closing in on the first license agreement
Research update Q1 2024
|2024-05-29
- Non-binding term sheet with EQGen Biomedical regarding EQSTEM
- The financial situation is still an issue
- We keep the fair value at SEK 1.30 per share
In connection with the Q1 report, Xintela announced a signed term sheet with the US firm EQGen Biomedical regarding EQSTEM, Xintela’s veterinarian joint disease treatment. We expect details to be disclosed once EQGen Biomedical secures funding and the parties announce a license agreement.