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Message: ORI developments ?? thanks to rndtbl

Thanks to rndtbl over on IV for this ...

ORI sells their investment in Kymab to Sanofi for $1.1B (I'm thinking that's USD).  When ORI made the original investment there were other paticipants too...Shenzhen Hepalink, Wellcome Trust, Bill and Melinda Gates Foundation...

ORI also qualifies for additional follow on milestone payments.  They expect to receive their money in H1 21

https://www.investorvillage.com/smbd.asp?mb=10603&mn=27129&pt=msg&mid=21600401

https://technode.global/2021/01/14/ori-capital-exits-investment-in-kymab-to-sanofi-in-a-1-1b-deal-announces-upcoming-400m-ori-fund-ii/

 

hmmm...what are they going to do with all that dough $$ ??

getting interesting, especially when we throw in the Saudi connection..

 

just wild imagination/open-ended speculation on my part

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