TSXV:TRL.H - Post by User
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LTOWNERon May 31, 2012 3:39pm
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Post# 19967261
BNN: Expect Licensing Deal
BNN: Expect Licensing Deal "If it does work out it could be a huge win". This afternoon Peter Imhof, Investment Strategist at Sprott Asset Management for Canadian Small Caps, called Trimel "an interesting story". He said it has gotten a lot of attention because it is working on a female Viagra, and its main drug is for male testosterone - needed because bones get brittle with age - is in trials
It did not sound like he was up on the preliminary results out yesterday but he did say we "should expect a licensing deal with one of the bigger pharma companies" in the next few months and "that will be the catalyst."
Said Trimel is still a concept stock; it has done fairly well but there will be a downside if trials don't go well.